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Banco Mercantil selects Tellabs equipment to support network expansionAug 30, 2012 (Datamonitor via COMTEX) -- Tellabs, Inc., a telecommunications company that designs and manufactures equipment for service providers, has announced that Banco Mercantil do Brasil SA, has selected Tellabs equipment to support the upgrade and expansion of its independent network. "As a financial institution, it is essential for us to have a fast and reliable network that enable us delivering high availability that is critical to our operations" said Lauro Wilson, Technology Executive Director of Banco Mercantil do Brasil. "Not only does the new network address Banco Mercantil do Brasil's needs, but it will be able to grow with us over time to meet the future demands of tomorrow." According to the company, the key benefits of the new network include: faster connectivity between the bank's offices, low latency to speed crucial information delivery, such as with stock transactions, flexibility to support multiple interfaces and a variety of applications, scalability to seamlessly grow the network with virtually unlimited bandwidth as demand increases, reliability to deliver 99.9999% (or six nines) availability for less then about 30 seconds of annual downtime per node, and ability to turn up new services faster, in one day instead of in one week or more. "Financial institutions need a network that can meet their increasing demands for reliable, high-bandwidth and low-latency network services that offer instant connectivity," said Alberto Barriento, vice president, Latin American and Caribbean Sales, at Tellabs. "Leveraging our experience on similar cases with other customers worldwide, Tellabs has experienced support personnel to ensure that our customers always have access to our expertise and help." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ] |