HAMILTON, Bermuda, Feb 22, 2005 (BUSINESS WIRE) --
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 Elion, the largest telecommunications and IT provider in Estonia, has doubled its IP capacity with Teleglobe to accommodate Elion's growth in its retail broadband subscriber base.
Teleglobe has provided international telecommunication services to Elion since 1990. Through its expanded relationship, Teleglobe will provide Elion with dedicated IP access to Teleglobe's robust tier 1 internet backbone, which directly connects to over 90 countries.
"As the broadband market in Estonia continues to accelerate, Elion is committed to meeting the growing demand by providing the highest quality of internet access services to our residential and business customers," said Toivo Praakel, Director of IT and Data Communications Division at Elion. "Teleglobe's fast, reliable internet connectivity solidly satisfies our customers and thus helps us maintain leadership in Estonia's highly competitive Internet marketplace."
"We are pleased that Elion has chosen to expand its relationship with us to meet their growing bandwidth requirements," said Michel Guyot, Vice President of International Markets at Teleglobe. "With Estonia's rapid adoption of high-speed broadband, it is critical for Elion to continue to offer the best internet access services to its customers in order to compete."
Dedicated international access to the Teleglobe IP backbone is available from virtually any country at bandwidth speeds from 64 Kbps to 10Gbps. Carriers, and ISPs can connect to the Teleglobe Internet backbone using access alternatives such as satellite or cable, leased line or local loop, Ethernet.
Teleglobe's global IP network supports a wide variety of advanced data and IP services including global IP transit, international private leased circuits (IPLs), bandwidth capacity, and broadcast services. Teleglobe has ownership in over 100 subsea and terrestrial cable systems and has access to over 40 teleport antennas and transponder capacity 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 ready for IPv6, the new generation IP protocol.
Elion's DSL subscriber base had grown more than 50% in 2004. Elion accounted for approximately 63% of the Internet access market in Estonia at the end of Q4 2004.
About Elion :
Elion (www.elion.ee) is the largest telecommunications and IT provider in Estonia. It is owned by AS Eesti Telekom which is listed on both the Tallinn and London stock exchanges (TSE:ETL/LSE:EETD). In Estonia, Elion is the market leader in fixed network calls, in Internet subscriptions and data communication solutions and it has made a powerful impact on the IT market. In 2004 the consolidated net sales of the Elion Group were 171 million Euros, and the consolidated net profit was 22 million Euros. Currently the Elion Group employs a staff of 1454.
SOURCE : Teleglobe International Holdings Ltd
Teleglobe International Holdings Ltd Megan Cannell, 609-750-3262 email : megan.cannell@teleglobe.com
Copyright (C) 2005 Business Wire. All rights reserved.
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.
Carrying over 11 billion minutes per year, 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.
Comments