NTT Com to Launch International IP-VPN Service in UAE
TOKYO, JAPAN - NTT Communications (NTT Com) announced today that Etisalat, the largest telecommunications service provider in the United Arab Emirates (UAE), and NTT Com have agreed to provide Multi Protocol Label Switching (MPLS)-based Global IP-VPN services starting June 2007. The two companies will cooperate to establish an MPLS node in Dubai, UAE as an integral part of introducing NTT Com's Arcstar Global IP-VPN service.
NTT Com will be the first Japanese company to offer MPLS-based IP-VPN service in the Middle East and the service will strengthen NTT Com's capabilities in providing global one-stop ICT solutions to customers expanding their businesses globally. NTT Communications Dubai Representative Office, which was established in Dubai Internet City last December, will support customers in the region.
The UAE has emerged as a leading Middle Eastern commercial hub offering state-of-art infrastructure, a world-class business environment and incentives for foreign investment. It has become an advantageous Middle Eastern base for multinational businesses, especially in the manufacturing and finance sectors. With its new Arcstar Global IP-VPN service and representative office, and through the partnership with Etisalat - one of the largest telcos in the region - NTT Com looks forward to providing economical, secure, high-quality communication networks to customers in the region.
About NTT Com
NTT Communications Corporation (NTT Com) provides information and communications technology (ICT) solutions worldwide with dedicated professionals stationed in 21 countries. Renowned as an IPv6 technology pioneer and managed service expert, NTT Com offers diverse high-quality IP, Web-based, and managed network solutions combining network management, security, ubiquitous, Web portals/engines, and global services. Its world-class Tier 1 Internet backbone and secure closed networks with over 98,000 MPLS ports, combined with the networks of partner companies around the world, connect more than 200 countries. The company earned non-consolidated revenues exceeding one trillion yen (about US$1.2 billion) in fiscal 2005 ended March 31, 2006. NTT Com started as a long-distance phone company in 1999 after the reorganization of the NTT Group, and is the wholly-owned subsidiary of NTT, one of the world's largest telecommunications companies. NTT is listed on the Japan, London and New York stock exchanges. Please visit www.ntt.com.
About Etisalat
Etisalat has been the telecommunications service provider in the United Arab Emirates since 1976. Since then, it has built up state-of-the-art telecom infrastructure and taken a leadership position of innovation and reliability among regional and international operators. Etisalat has been ranked among the Financial Times Top 500 Corporations in terms of market capitalization, and the 4th largest company in the Middle East and North Africa. Etisalat also won the Design Week benchmark award for the new brand identity launched in 2006. UAE communications magazine IT Weekly, after an online poll, named Etisalat the best specialist ICT service company of the year in 2006.
Penetration of Etisalat's mobile phone service in the UAE exceeded 130 per cent of the population in 2006, the highest regionally. Internet and broadband penetration in the UAE exceeded 58 per cent, a significant achievement compared to regional average. Etisalat offers fixed line services over the Next Generation Network, and enables mobile users with a range of services and applications such as GPRS, 3.5G, BlackBerry and others. Listed on the Abu Dhabi Securities Market, Etisalat declared consolidated revenues of AED 16.3 billion (US$ 4.42bn), and net profits of AED 5.9 billion (US$ 1.6bn) in 2006. Further information on Etisalat is available on www.etisalat.ae.
