EGHAM, U.K. -- VTL W@veNet will immediately offer high speed services across Europe including 2.5 Gbit/s and 10 Gbit/s Wavelengths, Dark Fibre, Ethernet, SDH and Co-location. Aimed at carriers and high bandwidth users, the services take advantage of Viatel’s wholly owned backbone network as well as its recently acquired metropolitan networks in 8 cities across Europe.

Viatel also announced today that it has enhanced its backbone and metropolitan networks with investment in the latest high capacity optical DWDM technology from Huawei Technologies. The technology supports Wavelength and Ethernet services and provides the company with substantial expansion capabilities of up to 1.6 Terabits on a single fibre pair. This investment is again backed by Viatel’s investors led by Morgan Stanley and Värde Partners.

“Viatel has been extremely successful in the UK retail market over the last few years” said Lucy Woods, CEO Viatel. “We have seen around 4% compound growth month on month, every month since January 2004, and the traffic across our network has doubled in 2006. With the long-haul market growing rapidly and bandwidth pricing stabilising, now is the perfect time for Viatel to launch its new European network strategy.”

Viatel Holding (Bermuda) Ltd. (OTC: VTLAF)