Cogeco Cable Inc. of Oakville, Ont. bought Toronto Hydro Telecom for $200 million in June, 2008 and re-named the operation Cogeco Data Services.
Before it was acquired by Cogeco,Toronto Hydro Telecom launched Managed Wavelength nearly three years ago to help customers combine different types of traffic on to one fibre network using dense wavelength division multiplexing (DWDM).
In addition to private lines, the company offers hosted storage and security services, plus wide-area networking over fibre lines taking advantage of Toronto Hydro electrical rights-of-way.
The company’s customers include both the public sector and financial services.
One financial services customer is Alpha Trading Systems Ltd., which is using Cogeco Data Services for its network to execute securities trades.