A communications networking having reduced transmission latency and improved reliability is described. To reduce signal transmission latency, network management data is removed from a data stream to prioritize the transmission of payload data at higher transmission rates. Management data is returned to the data stream in such a way that it minimizes an impact to payload transmission rates. To improve communications network reliability, the network is configured to form a primary communication path and a redundant communication path. Upon failure of a transceiver at one node, the network engages redundant transceivers on a per-node basis thereby using a segment of the redundant communication path. The data stream is returned to the primary communication path upon circumvention of the failed transceiver.