[March 29, 2005] Teleglobe Launches E_MPLS Service for High Performance Global Ethernet Connectivity; New E_MPLS Service Enables Customers to Reduce Network Costs and Expand Global Reach Tweet HAMILTON, Bermuda --(Business Wire)-- March 29, 2005 -- Teleglobe International Holdings Ltd (NASDAQ:TLGB), a leading provider of international telecommunications services to Internet service providers, fixed and mobile network operators, today announced that the company has launched its global Ethernet over Multi-Label Protocol Switching (E_MPLS) service, enabling reliable, high performance Ethernet connectivity to customers around the world. This service complements Teleglobe's existing IP services portfolio, allowing customers to better fulfill their service needs from a single supplier and leverage their existing infrastructure by providing multiple services through a single port. Teleglobe's E_MPLS service is a Layer 2 connectivity service routed over Teleglobe's robust and reliable Internet backbone, serving hundreds of the leading ISPs, Research and Education networks, carriers and enterprise customers around the world. Teleglobe's E_MPLS service enables Internet or content service providers to improve their bandwidth costs versus usage ratio by building out a virtual infrastructure between their PoPs or to key overseas Internet exchanges. By connecting to Teleglobe's tier one AS 6453 network, via a new or existing Ethernet local loop, or via an already connected Neutral Internet Exchange site, Internet and content service providers gain access to any of Teleglobe's 43 E_MPLS enabled PoPs in 14 countries around the world. A single E_MPLS connection at any of these PoPs enables fast, easy cost effective connections to more than 20 peering points in Europe, North America, and Asia. This allows the customer to negotiate a broader range of public and private peering arrangements to achieve better network costs and performance. "As competition continues to rise, ISPs and content service providers are in constant need for cost-effective ways to increase their reach while reducing up-front capital outlay, or their reliance on up-stream IP transit," said Christian Michaud, Vice President of Marketing. "Teleglobe's E_MPLS service helps meet their needs by offering high quality, low cost, end-to-end point-to-point Ethernet connectivity across one of the most reliable global networks in the industry. Our robust high-speed backbone network is engineered for scalability to support the growing bandwidth requirements of all our customers." Teleglobe's global network supports a wide variety of advanced data and IP services including global IP transit, international private leased circuits (IPLs), bandwidth and broadcast services. Teleglobe has ownership in over 100 subsea and terrestrial cable systems and has 40 antennas serving the Atlantic, Pacific, and Indian Oceans. Teleglobe is a global Tier 1 Internet service provider (ISP) and operates the IP backbone AS 6453 which circles the globe. Our MPLS-enabled IP network connects more than 90 countries to the Internet and is also supporting IPv6, the new generation IP protocol. About Teleglobe: Teleglobe International Holdings Ltd is a leading provider of international voice, data, Internet and mobile roaming services with over 50 years of industry expertise in international telecommunications. Teleglobe became a public company trading on the Nasdaq under the symbol TLGB with the acquisition of Voice over IP (VoIP) network leader ITXC Corp. on June 1, 2004. Teleglobe owns and operates one of the world's most extensive telecommunications networks, reaching over 240 countries and territories with advanced voice, mobile, and data services. Teleglobe is the carrier of choice to more than 1,200 wholesale customers representing the world's leading telecommunications, mobile operators and Internet service providers. With an annual run-rate of over 13 billion minutes, and a significant portion of the world's Internet traffic, Teleglobe's network is consistently ranked among the most robust and reliable, performing at the high end of industry standards. Detailed information about Teleglobe is available on the company's web site at www.teleglobe.com. Forward-looking Statements Teleglobe has included in this press release forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including all statements concerning future or expected events or results. Actual results could differ materially from those projected in the companies' forward-looking statements due to numerous known and unknown risks and uncertainties, including, among other things, the risks and uncertainties described in the Form 10-K filed by Teleglobe on March 17, 2005. [ Back To TMCnet.com's Homepage ]