PCCW Global and Tinet Bridge Ethernet Services
(Market Wire Via Acquire Media NewsEdge) HONG KONG and CAGLIARI, ITALY -- (MARKET WIRE) -- 06/29/11 -- PCCW Global Limited, a subsidiary of Hong Kong's premier telecommunications provider, PCCW Limited, and Tinet, a Neutral Tandem company (NASDAQ: TNDM) and a global carrier focusing on the IP and Ethernet wholesale markets, have bridged their Ethernet services for improved network coverage and service availability.
PCCW Global and Tinet will collaborate to provide global Ethernet services to meet their customers' demands for high quality and cost-effective international connectivity connecting more than 70 countries worldwide. The two operators will complement each other's Ethernet capabilities in providing customers with a seamless experience especially for connectivity in Asia, Europe and the Americas.
This first cooperation between PCCW Global and Tinet will combine PCCW Global's expertise in international connectivity with Tinet's international Ethernet presence.
Mr. Marc Halbfinger, PCCW Global's Chief Executive Officer, said, "Tinet owns one of the most sophisticated Ethernet networks in Europe and an expanded coverage in the Americas. This collaboration will further enhance our Ethernet service coverage and add to our extensive portfolio of integrated global communications solutions." Tinet's Chief Executive Officer, Mr. Paolo Susnik, said, "Our companies share the common vision of meeting the growing demands of local and international communications. We are honored to be working with PCCW Global in expanding our EtherCloud service globally into various Ethernet-lit locations in Asia, further enhancing Ethernet adoption at a global level." Tinet launched EtherCloud(SM), a global wholesale Ethernet offering, in April. EtherCloud is a Layer 2 platform connecting diverse partner networks into a seamless Ethernet cloud that delivers end-to-end connectivity around the world.
About PCCW Limited PCCW Limited (HKSE: 0008) is the holding company of HKT Group Holdings Limited (HKT), Hong Kong's premier telecommunications provider and a world-class player in Information and Communications Technologies. PCCW also holds a majority interest in Pacific Century Premium Developments Limited, and overseas investments including the wholly-owned UK Broadband Limited.
As the provider of Hong Kong's first quadruple-play experience, PCCW/HKT offers a range of innovative media content and services across four platforms -- fixed-line, broadband Internet access, TV and mobile. In addition, the Group meets the sophisticated needs of the local and international business community, while supporting network operators with cutting-edge technical services and handling large-scale IT outsourcing projects for public and private sector organizations. To learn more about PCCW and HKT, please visit www.pccw.com.
PCCW Global is an operating division of HKT Group Holdings Limited (HKT), which is a wholly-owned subsidiary of PCCW Limited and holds the PCCW Group's telecoms services, media and IT solutions businesses. PCCW/HKT is Hong Kong's premier telecommunications provider and a world-class player in Information & Communications Technologies.
With centers in Hong Kong, Herndon, Virginia in the US, London in the UK, and Dubai in the United Arab Emirates, plus teams covering the Middle East, Africa, Europe, Asia and the Americas, PCCW Global serves the voice and data needs of multinational enterprises, as well as the operational requirements of service providers. Covering more than 1,500 cities and 110 countries, the PCCW Global network supports a portfolio of integrated global communications solutions which include Ethernet solutions, IP solutions, transmission solutions including fiber and satellite, managed services and solutions, and voice services. To learn more about PCCW Global, please visit www.pccwglobal.com.
About Tinet Tinet, a Neutral Tandem company, is a global carrier focused on the IP and Ethernet wholesale markets. With network presence and customers in EMEA, Americas and APAC, Tinet provides global IP Transit and Ethernet connectivity to Carriers, Service and Content Providers worldwide, within 7 working days (when on-net). Tinet's newest service, EtherCloud(SM), is a Layer 2 platform connecting diverse partner networks into a holistic Ethernet cloud that delivers end-to-end Ethernet and VPLS connectivity around the world.
Tinet provides customers with proactive management of SLAs and protection from dDoS attacks. Established in 2002, Tinet's unique business model, based on focus and simplicity, assures the delivery of the highest standard of service. Tinet has grown to become one of the top 5 global IPv4 backbones and has a leading IPv6 worldwide network.
For more information on EtherCloud, please visit www.ethercloud.tinet.net.
For more information on Tinet, please visit www.tinet.net.
Forward-Looking StatementsThis press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements Neutral Tandem makes. Factors that might cause such differences include, but are not limited to the risks associated with our ability to successfully develop and market Ethernet services, many of which are beyond our control, and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the "Risk Factors" section of Neutral Tandem's Annual Report on Form 10-K for the period ended December 31, 2010 and Quarterly Report on Form 10-Q for the period ended March 31, 2011, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. Neutral Tandem does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Add to Digg Bookmark with del.icio.us Add to Newsvine For more information, please contact: Ivan Ho PCCW Limited Tel: +852 2883 8747 Email: Email Contact Jaymie Scotto & Associates Tel: +1 866 695 3629 Email: Email Contact Source: Tinet
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