JON Exchange
Today’s network Openreach KCom VirginMedia
Tomorrow’s patchwork – Today! Openreach KCom VirginMedia Alston WWHC Cornwall Bristol Bradnet Corby Quintain 2012 Lace Market Derby Baltic Quarter Fibrecity Dundee Hull Cardenden Angus Glens
The Big ISP’s...
The impact “Every shop’s a patisserie” –Most ISP’s resell BT Wholesale offerings –Marginal investment –Little scope for technical innovation
This works! … for them at least
This doesn’t! … for them or anyone
This could! … for everyone!
This could! … for everyone!
JON Exchange Open Marketplace Manchester Oxford Road FibreSpeed BMEXNYnet Digital Region Gateshead Gti DurhamNet Meeting place for –Middle-mile services –Peering & transit –Backbone connectivity –Managed platforms
Two key words Fungible LIQUID Liquidadj(finance) fluid: in cash or easily convertible to cash; "liquid (or fluid) assets"
Past attempts
An Open Market DuctA metre of sub-duct Dark FibreA metre of unlit fibre Passive WavelengthA specific lambda Layer 2An ALA VLAN Active Fungible & Liquid Standards adopted from COTS & NICC Standards adopted from COTS & NICC Maintenance & evolution by market members in line with standards bodies Maintenance & evolution by market members in line with standards bodies
Line Access ALA: A break from the past Line Access IP Access Web Voice Content Delivery NetworksNew Media ServicesPublic Services
TheMarketTheMarket Wholesale Model Network Provider Pro-forma market “contracts” Offer & buy price mechanisms Settlement system leading to a market set “spot price” Standard interface The Market will log transaction information For Ofcom For the Ombudsmen Seeking to create an open & fair telecoms marketplace Service Provider
Retail Model Samknows Retail Customer Comparison Site Product Availability Order Management Aggregated Information TheMarketTheMarket Network Provider Service Provider
Supply-sideDemand-side Thoughts on a secondary market Forward dated contracts to buy network services NHS tele-care patients, LEA school children, housing associations, communities Network builders could take the contracts as anchor tenants and collateral Capacity Planning Future Option =
Summary - Why this can work Fungible assets – Not based on bandwidth – Metre of duct, metre of dark fibre, a wavelength, a VLAN – Each asset is sufficiently homogenous to compare, and different enough to generate market choices Liquidity – European scale – Transition conditions until experience & scale are sufficient – Market operation will lead to a fluid, fair market
Trading Platform – Interface system – Trading & settlement Technical/Operational Standards – NICC & BSG/COTS – INCA European Governance structure Summary - Next Steps Aiming for operation in Q4 this year
Thank you! Adrian Wooster