28 Mar 2014 07:00
28 March 2014
Manx Telecom Plc
(the "Company")
Manx Telecom opens its third data centre
Manx Telecom Plc (AIM: MANX), the leading communication solutions provider on the Isle of Man (the "Island"), announces the opening of its new data centre. The new Greenhill Data Centre ("GDC") is the Company's third data centre, in addition to existing facilities in Douglas North and Douglas Central, and is located near to Manx Telecom's headquarters in Douglas.
Today's announcement marks the completion of Phase One at the GDC at a cost of £3.5 million and will see 100 racks of storage space become available to a wide variety of businesses based on and off the Island. This additional capacity increases the total storage space to 385 racks.
Phases Two and Three, which are due for completion in 2015 and 2016, will add a further 120 and 320 racks and cost £1.5 million and £5.0 million respectively, making GDC the biggest data centre on the Island in terms of rack space.
Manx Telecom's data centres at GDC and Douglas North are ranked as Tier III data centres (according to Telecommunications Industry Association standards). This provides high standards of data security, resilience, and expandable hosting capacity, including business continuity and distributed denial of service protection. The Company's data centres already provide hosting services for many leading private sector brands.
Mike Dee, CEO of Manx Telecom, said:
"The data centre market represents an important growth opportunity for Manx Telecom and today's announcement helps to consolidate our position as the leading provider of data centre services on the Isle of Man. It means we now have the only twin Tier 3 data centre set-up with direct connectivity on the Island, providing a uniquely resilient data hosting proposition.
Stuart Paul, Manx Telecom Data Centres Director, said:
"The Greenhill Data Centre will significantly increase our capacity to provide hosting and managed services solutions in the eGaming, big data and cloud sectors - all of which are important for the continued growth of the Island's economy. We're pleased with the interest in GDC to date and look forward to welcoming our first customers next week"
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About Manx Telecom
· Manx Telecom is the leading communication solutions provider on the Isle of Man, offering a wide range of fixed line, broadband, mobile, and data centre services to businesses, consumers and the public sector on the Isle of Man as well as a growing portfolio of innovative hosting and "Smart SIM" solutions to off-Island customers.
· Manx Telecom has a record of innovation, being the first European operator to launch a 3G mobile service and the first in the world to launch a 3.5G mobile service. 4G services are expected to be launched in the summer of 2014, while the Company's high speed VDSL broadband service (Ultima) is available to over 80 per cent of homes on the Island.
· The Company has two Tier 3 data centres plus international connectivity and its operations are business-critical to the economic strategy of the Isle of Man.
· One of the largest employers on the Island, Manx Telecom employs over 280 people. The company plays a major role in the wider community through a range of activities, including charitable donations, sponsorships, and corporate social responsibility initiatives.
· The company is proud to sponsor the Manx Telecom Parish Walk, Manx Telecom End2End Mountain Bike Challenge, Team Manx Telecom (Manx Road Club) and Royal Manx Agricultural Show as well as other smaller events. Manx Telecom also donates annually to local causes through the company's "It's our Community" programme.
· The Isle of Man has a resilient and growing economy which has experienced 29 years of unbroken GDP growth. Unemployment is low at approximately 2.4 per cent, and there is a zero per cent corporate tax rate which applies to the vast majority of Manx Telecom's business and means that the Group currently pays no corporation tax on its annual profits.
· Manx Telecom is listed on the Alternative Investment Market of the London Stock Exchange with the ticker MANX.