CHICAGO, IL--(Marketwire -06/21/12)- Inteliquent (IQNT), a leading provider of global interconnection and interoperability solutions, today announces its strategic alliance with Telekom Malaysia Berhad (TM), Malaysia's leading new generation communications provider for the implementation of Inteliquent's EtherCloud (SM) solution for TM.
Under the collaboration, TM will use Inteliquent's EtherCloud solution to extend its Global Ethernet reach by leveraging on Inteliquent's over 120 points of presence (PoP) worldwide, therefore significantly increasing the availability of TM's Layer 2 Ethernet services to locations currently off-net; particularly in Europe and North America. Likewise, Inteliquent will leverage TM's comprehensive coverage to fulfill growing demand for Ethernet in Malaysia and Asia Pacific. As a result, the agreement will expand both companies' Ethernet services to high demand markets.
TM Global Ethernet is a flexible, reliable and secure bandwidth connectivity service over shared network resources. The services range from 1 Mbps to 1 Gbps and come with four different classes of service backed by service level agreements. This collaboration fulfills carriers' demand based on Carrier-Class Ethernet technology. By leveraging each other's resources and presence all over the globe, TM is better able to meet customer expectation. In addition, this initiative is hoped to provide innovative platforms to bring global technology closer to the local customers. Furthermore, the move will strengthen TM's vision to become Malaysia's leading new generation communications provider.
"As a leading communications provider in Malaysia, TM continues to explore more ways to fulfill our clients' increasingly sophisticated requirements by venturing into strategic collaborations with esteemed partners. Through this alliance, not only are we able to serve nationally, but we are also embarking our Ethernet presence globally to further offer comprehensive solutions to Inteliquent and its respective clients," states Rozaimy Abd Rahman, Executive Vice President, Global, TM.
"Inteliquent's extensive network reach is complemented by the network reach of each of our EtherCloud partners," comments Surendra Saboo, President and COO of Inteliquent. "We're pleased to add TM's extensive network presence to expand our coverage and better serve the needs of our customers. TM is an esteemed and well respected carrier that continues to introduce innovative services and we are excited to be a part of its latest product enhancement."
A Layer 2 platform, EtherCloud connects diverse partner networks into a seamless Ethernet cloud that delivers end-to-end connectivity around the world. It relies on a global MPLS backbone as a distributed switched network of 120 PoPs to interconnect partners' networks through standardized E-NNIs. By interconnecting partner networks to create one holistic Ethernet cloud, EtherCloud enables users to both source and sell Ethernet Point-to-Point, Point-to-multipoint and Any-to-Any (VPLS), allowing them to create high performance connectivity solutions for all Global Ethernet WAN requirements. EtherCloud provides a one-stop-shop to connect anywhere in the world.
Headquartered in Chicago, Inteliquent (formerly known as Neutral Tandem and Tinet) provides intelligent networking to solve challenging interconnection and interoperability issues on a global scale. With an advanced MPLS network that is highly interconnected to carriers around the world, Inteliquent provides voice, IP Transit, Ethernet and hosted service solutions to major carriers, service providers, and content management firms based in over 80 countries and six continents. With over 120 Ethernet sites worldwide, the company is one of the largest global Ethernet interconnection providers, a top five global IP transit provider and has a leading IPv6 network. Please visit Inteliquent's website at www.inteliquent.com and follow us on Twitter@Inteliquent.
Telekom Malaysia Berhad (TM), Malaysia's broadband champion and leading integrated information and communications group, offers a comprehensive range of communication services and solutions in broadband, data and fixed-line. As a market leader, TM is driven by stakeholder value creation in a highly competitive environment. The Group places emphasis on delivering an enhanced customer experience via continuous customer service quality improvements and innovations, whilst focusing on increased operational efficiency and productivity. For further information on TM, visit www.tm.com.my.
Cautions Concerning Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical fact, included in this press release regarding Neutral Tandem's strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements Neutral Tandem makes. Factors that might cause such differences include, but are not limited to: risks associated with our ability to successfully develop and market EtherCloud services, including but not limited to identifying, obtaining, operating and maintaining attractive network switch sites, equipment, software and business support systems; our inability to interconnect with third parties or obtain necessary third party rights or permits on a timely basis, if at all; cost estimation errors or overruns; material delays or shortages; and other factors, many of which are beyond our control and all of which could delay or negatively affect our ability to offer EtherCloud services; and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the "Risk Factors" section of Neutral Tandem's Annual Report on Form 10-K for the period ended December 31, 2011, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.