The unwinding legacy of the dotcom collapse has enabled organisations to buy dedicated fibre networks, connecting offices in 15 European cities from door-to-door at low cost.

That's the claim of euNetworks, which launched this week, following the "distress purchase" of two significant fibre infrastructures for "cents on the dollar".

The company claimed that it now has Europe's highest capacity fibre optic network, combining long haul links with fibre-based metro area networks (MANs) in 15 major cities. Chief operating office Barry Nolan said it will use this to offer "private fibre networks", where corporate and ISP customers get their own dedicated fibres instead of having to share lines with others.

As an example, he said that euNetworks is pitching to a German ISP which currently leases fixed-capacity lines into the major Internet exchanges. "We would put in a fibre network at exactly the same cost [as a leased line], but with basically unlimited capacity," he explained.

The network was assembled by purchasing a mainly long-haul network from Viatel, plus a number of MANs from Metromedia Fiber Networks. Nolan said that between them, the two companies had spent 2 billion Euro building their networks. He would not disclose how much euNetworks - which has its NOC in Frankfurt but is mainly funded by Singaporean investors - paid for the MFN MANs, but said that the Viatel fibre cost just 40 million Euros to acquire.

"We are debt-free and running at just 2 percent utilisation," he added. He claimed that the MANs use 432-strand fibre cabling instead of the more typical 96-strand version, and have large ducts, enabling more fibres to be pulled if needed.

The euNetworks infrastructure includes 6.4 million kilometres of fibre, linking exchanges, offices and homes. Its MANs cover Amsterdam, Berlin, Cologne, Dublin, Dusseldorf, Frankfurt, The Hague, Hamburg, Hanover, London, Munich, Paris, Rotterdam, Stuttgart and Utrecht, with long-haul links to several other cities.

Nolan said that his main target is organisations which have most of their locations in those 15 cities. He said that if a corporate customer was perhaps 10 percent or 20 percent off-net, euNetworks could construct or lease the additional connectivity, but added: "If the customer is in other cities, that doesn't play to our uniques."