RateXchange lures Eric Handa from Asia Capacity Exchange

RateXchange, a US-based online bandwidth exchange, has named Eric Handa as managing director of its Asia-Pacific operations. Handa was previously regional trading director at Hong Kong-based rival Asia Capacity Exchange.The appointment comes amid growing competition between online bandwidth exchanges, which facilitate the buying and selling of telecommunications capacity. RateXchange, one of the earliest companies in the business, is now seeking to expand into Asia, as prices for band…