Saturday, January 12, 2008

Verizon Business India Receives International and National Long-Distance Licenses

Verizon Business India Receives International and National Long-Distance Licenses

Licenses Enhance Delivery of Advanced Communications Services to India-Based Multinational Companies

January 09, 2008

BASKING RIDGE, N.J. and MUMBAI, India - Verizon Business India, a joint venture between Verizon Business and Mumbai-based Videocon Group, has received licenses for international and national long-distance services. The licenses, issued by India's Department of Telecommunications, enhance Verizon Business' delivery of advanced telecommunications services to multinational companies with operations in India, as well as to India-based multinationals.

Verizon Business India will offer a full range of services, including international private-leased circuits with multi protocol label switching (MPLS) and Internet protocol (IP) services. These services will complement Verizon Business' existing Indian operations.

Verizon Business already holds an Internet service provider license in India and has various local ISP facilities. The joint venture plans to deploy new nodes in Bangalore, Chennai, Hyderabad, Mumbai and New Delhi to support Verizon Business' MPLS, Global Data Link and Ethernet Virtual Private Line solutions.

Blair Crump, group president international & premier accounts, Verizon Business, commented: "India is a key investment location for many of our multinational customers, and these licenses enable us to further enhance our local capabilities to support their strategic business needs. Verizon Business is focused on providing the highest levels of services and capabilities to our customers around the world. We look forward to bringing our expertise to bear in India as we expand our existing presence to provide direct, high-quality, advanced communications services and support to our locally based customer operations."

Verizon Business also announced the appointment of John Samuel as president of Verizon Business India. Samuel, with more than 20 years of experience in the Indian market, will focus on developing business opportunities in India, working with Verizon Business' locally based telecommunications partners.

Verizon Business is well established in the Indian market, with offices in New Delhi, Hyderabad, Mumbai, Bangalore and Chennai. Verizon Business is also the only U.S. consortium member of the SEA-ME-WE-4 undersea cable network system, which provides diverse connectivity from India to Europe and Asia. The system, which spans 20,000 kilometers, lands in two locations in India and reaches 14 countries in Southeast Asia, the Middle East and Western Europe.

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jasmine said...

Well written informative article, With the growth of Verizon business India, one thing that we can think about is growth in India economy. What do you think is India growing because of foreign companies coming and merging? I am looking forward for your response.

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