cable&wireless expands its global presence with new MPLS network in Middle East

• Cable&Wireless has built a high speed network infrastructure in the Middle East to support customer growth in the region
• Network roll-out will increase Cable&Wireless' capability in the EMEA region, particularly the Middle East
• Analyst house, Ovum, endorse Cable&Wireless' MPLS growth in booming market

New Delhi, 6 August 2008: Cable&Wireless today announces the deployment of an extensive telecommunications network (MPLS) across the Middle East to better serve the needs of its enterprise customers currently based in or planning to move to the region. This includes Points of Presences (PoPs), in Dubai, Abu Dhabi and Bahrain, connecting customers based in the United Arab Emirates back into the MPLS network.

Leading analyst house, Ovum, commented: “This looks to be a positive move for Cable&Wireless as we expect revenues for MPLS services in the Middle East and Africa to double over the next five years, to reach US$1.042 billion in 2012.”

Reflecting this, Cable&Wireless has already experienced a significant increase in new order volumes, most recently signing a three year contract worth $20M per annum, to provide MPLS services to a global technology provider in the Middle East. The MPLS network is being used to support key customers in the technology, construction and financial services sectors.

Through this network Cable&Wireless will be able to provide improved services and support to meet the needs of its enterprise customers moving operations to the booming Middle East market. The services will also enable Cable&Wireless customers to route increased levels of data traffic in the EMEA region, where internet usage is expected to grow substantially.

A further report from industry analysts confirmed that the boom in this region is set to continue, concluding that the telecommunications and broadband internet sectors will generate US$70 billion in annual revenue by 2015 in the Middle East and North Africa region.

Jim Marsh, Chief Executive Officer, Cable&Wireless, comments: “This investment further strengthens our commitment and ability to serve our enterprise customers on a global scale. We are committed to providing the best levels of service and strive to meet the needs of our customers in growing markets, such as the Middle East and Africa. In recent years we've also grown significantly in Asia and India as we continue to strengthen our global reach.”

Source : Equity Bulls

Keywords