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Carrier1 and Servecast Extend Partnership; Streaming Media Market Drives Relationship LONDON--(BUSINESS WIRE)--Nov. 27, 2001--Carrier1, (Neuer Markt: CJN, NASDAQ: CONE), one of Europe`s leading providers of large-scale, end-to-end voice, Internet, bandwidth and data center solutions, today announced a 12-month extension of its partnership with Servecast, Europe`s leading provider of streaming media solutions. The extension of their existing relationship will further enhance high quality service to the European streaming media market. The current deal is worth upwards of $500,000 US to Carrier1. Under the terms of the agreement extension, Carrier1 will provide Servecast with IP Transit connection (GTS) at 6 locations in Europe (London, Amsterdam, Frankfurt, Stockholm, Madrid and Milan). The first three locations will provide burst capability at speeds up to 1Gb/s. Carrier1 also will provide collocation for Servecast equipment in all six locations. "Survival, growth and success in our market is dependent on healthy revenues," commented Gavin Richardson, UK Managing Director. "The partnership with Servecast represents a significant opportunity to protect and expand such revenues. The Carrier1-Servecast relationship is a good fit of core competencies because the Carrier1 high-capacity tier 1 Internet backbone and collocation facilities are a perfect complement to Servecast`s technical expertise in the streaming media market. We expect this fit to grow and deepen in the coming year." "The synergy of the target customer base of Servecast and Carrier1, coupled with complementary expertise, enables us to offer each customer the most cost-effective, tailor-made, market-ready streaming solution on the market," said Servecast CEO, Pat Chapman Pincher. "We welcome this deepening of our relationship with Carrier1 and would expect it to develop over time." About Carrier1 ............CONTACT: Carrier1 Investor Relations: Helene Baril, +41 1 297 2615 helene.baril@carrier1.com Marketing Communications: Silke Wunderle, +49 69 66442 338 silke.wunderle@carrier1.com |
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| aus der Diskussion: | CARRIER 1 - oder: Hab ich was verpasst??? |
| Autor (Datum des Eintrages): | Wunram (27.11.01 14:50:10) |
| Beitrag: | 552 von 1,247 (ID:4983707) |
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