CHICAGO--(BUSINESS WIRE)--GigNet, an international Digital Infrastructure company with an extensive regional fiber optic broadband network in the Cancun region of Mexico, announced today that its Chairman and CEO Paul Moore will be joining the Advisory Committee of Paladin Capital Group. Paladin Capital is one of the world’s foremost investment firms dedicated to cyber security and advanced technology. The firm is headquartered in Washington D.C. and is led by Michael Steed, its Managing Partner. Mr. Steed is also a member of the Board of Directors of GigNet, Inc.
Mr. Moore has over 30 years’ experience as a principal investor and developer of international telecommunications ventures, as well as extensive experience as an officer and director of publicly traded and privately held ventures in a number of industries. He has served as Chairman and CEO since inception, and since 2017 has been focused on the development and expansion of the Company’s operations in Mexico. Under Mr. Moore’s leadership, GigNet Mexico has achieved significant market share in the Cancun region providing advanced, secure broadband services to the hospitality, enterprise, and fiber-to-the-home (FTTH) segments. GigNet has invested over US$50 million in Mexico installing a fiber-optic network and comprehensive Service Delivery Platform, and is also developing a new subsea cable from Florida to Cancun for secure international connectivity between the Yucatan Peninsula, the United States, and global Internet gateways.
Mr. Moore stated, “I am honored to be part of Paladin’s Advisory Committee. I have known Michael Steed for over 25 years, and I continue to be impressed by his professionalism, business acumen, and his unique ability to identify key investment trends and opportunities at an early stage. The timing is very opportune for GigNet also as we are in the process of bringing to market a suite of new managed cyber security products and services tailored for our existing and prospective clients in Mexico. The Paladin Advisory Committee will provide important insights for GigNet’s business as well as early access to new technologies that will benefit GigNet Clients as cyber security grows as a mission critical aspect of telecommunications managed services.”
ABOUT PALADIN CAPITAL GROUP
Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage investor, Paladin Capital Group’s core strength is identifying and supporting innovative companies that develop promising, early-stage technologies to address the critical cyber and advanced technological needs of both commercial and government customers. Combining proven investment experience with deep expertise in global security, cyber technology, and cutting-edge research, Paladin has invested in more than 60 companies and has been a trusted partner to investors, entrepreneurs, and governments for over two decades. Follow the firm on Twitter @Paladincap and visit www.paladincapgroup.com.
ABOUT GIGNET
GigNet is the Mexican Caribbean brand of GigNet, Inc., a U.S. based international Digital Infrastructure company specializing in Fiber-to-the-Home (FTTH) and Fiber-to-the-Premises (FTTP) for enterprise customers including hotels, resorts, retailers, offices, large commercial operations, governmental offices, and medical and educational facilities, as well as fiber-optic transport services for mobile phone operators in the region. Through its Mexico operating subsidiaries, GigNet, S.A. de C.V., and Sanalto Redes Peninsular, S.A.P.I. de C.V., the Company is a fully licensed telecommunications provider in Mexico. GigNet is actively adding customers to its extensive regional broadband network in the Mexican Caribbean, one of the largest and fastest growing tourism and new residential development destinations in the world, with over 25 million annual airport visitors. GigNet is a leader in the Digital Transformation of the region.
