Teleglobe (NASDAQ:TLGB)
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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 established an agreement with IP
Fjarskipti (IPF), a leading edge Internet service provider (ISP) in
Iceland, for dedicated international access to Teleglobe's IP
backbone. IPF retail customers now receive reliable, high-speed
Internet connectivity from Teleglobe at a competitive cost.
Under the agreement, Teleglobe provides IPF with dedicated IP
access to Teleglobe's robust tier one Internet backbone, which
directly connects to over 90 countries. Teleglobe owns and operates
one of the most extensive global telecommunications networks and is a
leading provider of IP Transit to carriers and ISPs around the world.
IPF is a new generation network provider in Iceland that provides
triple play services (voice, video and data) over its own ADSL2+
network covering 65% of the Icelandic population.
"Teleglobe has come through for IPF as a reliable provider of
international bandwidth for our demanding customers," said Arnthor
Halldorsson, CEO of IPF. "We are very pleased with Teleglobe's
dedication to service and support and we view them as a vital partner
in our quest to establish IPF as a leading provider of triple play
services to the Icelandic public."
"We are pleased to enable IPF to meet Iceland's growing demand for
high-speed Internet connectivity," said Michel Guyot, vice president
of international markets at Teleglobe. "IPF is committed to delivering
the latest available technologies to their customers and has laid the
foundation for future IP services."
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 supporting IPv6, the new generation IP protocol.
About IP Fjarskipti:
IP Fjarskipti (IPF), a privately held triple play operator
focusing on the emerging market for digital services for the home, was
founded in September of 2004. The company enables triple play services
(video, voice, data) over an ADSL2+ and WiFi/home network
infrastructure, manages PC-based infrastructure in the home
(purposing, provisioning, monitoring), and provides technical support
(first line of defence) and billing for third party services. The
service is marketed as "HIVE", and the brand is currently targeted at
the younger generation (18-30 year olds). The HIVE service website is
at www.hive.is.
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.