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Adapt Broadens International Appeal With Global Crossing
Agreement supports international expansion for the Virtual Network Operator
London - July 30, 2007 -- Independent Virtual Network Operator (VNO), Adapt, today announces an agreement with global IP solutions provider, Global Crossing, under which Adapt will utilise Global Crossing's IP backbone to provide global connectivity and services to their customers operating internationally. The relationship will support Adapt's long term strategy to expand internationally and will address the growing international requirements of its expanding customer base.
Global Crossing provides telecommunications solutions over an integrated global IP-based network. Its core network connects more than 320 cities in 31 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe. The agreement will facilitate Adapt's aggressive plans for new business overseas, building upon the company's strong UK customer base.
"Global Crossing's integrated IP network, which was designed for the convergence of voice, video and data, is ideally suited to support the needs of growing regional providers that seek to expand their service offerings abroad," said Derek Lister, vice president of carrier sales, UK, Global Crossing. "Adapt has won some impressive business in the UK with organizations with international networking requirements and this will assist us in our drive to target a broader range of customers with new IP services."
"As an independent VNO we are free to use the networks of any provider. Key to the VNO approach, and delivering a quality service to our customer, is to attain mutual accreditation with the best of breed suppliers around the world, so Global Crossing is a key provider for us," commented Peter Knight, CEO of Adapt. "Many organisations are beginning to realise the benefits they can achieve by converging their networks on an international basis, so it is a significant step forward for Adapt to be able to provide Global Crossing's IP solutions. This will considerably strengthen our global proposition."
As a VNO, Adapt is not compelled to sweat sunken assets; instead they design, build and manage solutions based around their customers' own unique requirements. This approach, using the assets of multiple providers, offers the customers real choice and the best value for money available.
"Adapt is dedicated to offering the most appropriate, tailored solutions for any organisation whether that be in the UK or across the globe," adds Knight. "With our experience, expertise and stability, Adapt will be the natural choice for businesses looking to partner with an independent provider with a global reach."
In order to provide services to every corner of the globe, Adapt is also looking to form strategic alliances with key regional network operators, ensuring resilient, high performance inter-connection agreements and allowing the company to transport voice and data seamlessly across multiple networks.
ABOUT ADAPT
Adapt, formerly mnet, is a Virtual Network Operator (VNO). Unlike traditional network operators, adapt is not restricted to providing solutions on its own fixed assets. Using the assets of multiple carriers, adapt is free to advise on the most suitable network and technology partners, delivering the best choice for each customer depending on their unique requirements. Adapt's VNO model enables all organisations, whatever their size, to benefit from enterprise level pricing and service levels.
Adapt's approach is simple: Keep the customer at the centre of everything it does. adapt provides, manages and monitors a single SLA on behalf of its customers with transparency and a commitment to service excellence. With sustained organic growth of 50%, adapt is the fastest growing VNO in the UK, serving the national and international communication requirements of over 450 corporate, government and not for profit organisations.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 320 cities in 31 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first -- and remains the only -- global communications provider with IPv6 natively deployed in both its private and public backbone networks.
Please visit www.globalcrossing.com or blogs.globalcrossing.com for more information about Global Crossing.
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Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in Global Crossing's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contact
Jo Graves
Europe
+ 44 (0) 1256 858 403
EuropePR@globalcrossing.com
CONTACT ADAPT:
Press Contact
Heather Shuker
+44 (0)20 7324 3860
hshuker@mnet.co.uk
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