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.
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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.”
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