Telefonica del Sur Expands Next Generation Network With Redback Networks' SmartEdge Multi-Service Edge Router
26 Giugno 2006 - 1:45PM
Business Wire
Redback Networks Inc. (NASDAQ:RBAK), a leading provider of
next-generation broadband networking systems, today announced that
Telefonica del Sur (Telsur), the incumbent carrier in Chile's
southern region, has chosen Redback's SmartEdge(R) Multi-Service
Edge Router to expand its next generation network and power its
business and residential services. Already a Redback customer for
five years, Telsur plans to leverage the combination of edge
routing, Ethernet aggregation and subscriber management to simplify
their network, to expand capacity, and to decrease the time to
market for new services. The upgraded Smart Broadband Network is
designed to reduce capital and operational expenses. "We needed a
proven platform that could scale our next generation network and
provide a smooth migration from ATM to Ethernet transport and
advanced IP services," said Inaki Larraza, director of operations
at Telsur. "The combination of edge routing and subscriber
management should enable us to provide value-added services such as
Self Enrollment, Tiered Bandwidth, and future services such as IPTV
and fixed mobile convergence." According to Point-Topic, Chile is
one of the top countries in broadband penetration in Latin America.
With a subscriber growth rate of over 100% per year, ADSL has
surpassed cable to become the leading broadband access technology
in Chile during 2004. Large investments in telecommunications, a
favorable regulatory environment, and e-government initiatives were
all factors in Chile's broadband growth. "We're proud to have
Telefonica del Sur as they join a larger population of Redback
customers in Latin America. Redback is responding to the demand in
Latin America by increasing sales and support throughout the
region," said John Spiliotis, vice president sales and operations
for the Americas at Redback. "We look forward to mutual success for
Telefonica del Sur and Redback as we address the demand for
broadband services in Latin America." The Smart Broadband Network
provides a single, converged IP network infrastructure that can
deliver voice, video and data services with a simplified
architecture that reduces both capital and operational
expenditures. A recent study by Yankee Group found that deploying a
product with capabilities similar to the SmartEdge multi-service
edge routers can reduce the total cost of ownership of a next
generation network by over 20%, including the reduction of
operations expense by over 50%. About Telsur Telefonica del Sur is
a telecommunications leader in Chile, with coverage in various
regions. With a solid position in the fixed-line market, the
company also offers dial-up and broadband Internet services, video
security monitoring, alarms and entry access controls, and national
and international long distance, which are all available through
121 subsidiaries of Telefonica del Sur. In addition, Blue Two
Chile, which is a subsidiary of Telefonica del Sur, is developing
the implementation of the first public network with access to
wireless broadband Internet access through Bluetooth and Wi-Fi
technology. About Redback Networks Redback Networks Inc., a leading
provider of next-generation broadband networking systems, enables
carriers and service providers to build Smart Broadband Networks
that are personalized, adaptive and efficient. The Smart Broadband
Network provides advanced IP based subscriber services to
consumers, businesses and wholesale customers. The company's
carrier-class, scalable SmartEdge product family integrates carrier
class edge routing, advanced subscriber management and high density
Ethernet aggregation functions. In conjunction with the NetOp(TM)
Element and Policy Manager platforms the SmartEdge family provides
a powerful and flexible infrastructure solution that enables
delivery of next-generation Broadband IP services. Founded in 1996
and headquartered in San Jose, Calif., with sales and technical
support centers located worldwide, Redback Networks maintains a
growing and global customer base of more than 500 carriers and
service providers, including major local exchange carriers (LECs),
inter-exchange carriers (IXCs), PTTs, service providers and ISPs.
For more information, visit Redback Networks at www.redback.com.
REDBACK and SmartEdge are trademarks registered at the U.S. Patent
and Trademark Office and in other countries. NetOp is a trademark
of Redback Networks Inc. All other products or services mentioned
are the trademark, service marks, registered trademarks or
registered service marks of their respective owners. Safe Harbor
Statement under the Private Securities Litigation Reform Act of
1995 The statements contained in this press release that are not
purely historical are forward-looking statements within the meaning
of Section 21E of the Securities and Exchange Act of 1934, as
amended, including statements regarding Redback Networks'
expectations, beliefs, intentions or strategies regarding the
future and including, without limitation, statements regarding
Telefonica del Sur's use of the SmartEdge products and the
anticipated benefits to Telefonica del Sur, including whether the
SmartEdge family simplifies Telefonica del Sur's network, decreases
time to market for new services, reduces capital and operations
expenses, provides a smooth migration from ATM to Ethernet
transport, enables IPTV and fixed mobile convergence as well as
Redback Networks' expectations or on state of Chile's broadband
industry. All forward-looking statements included in this document
are based upon information available to Redback Networks as of the
date hereof, and Redback Networks assumes no obligation to update
any such forward-looking statements. Forward-looking statements
involve risks and uncertainties, which could cause actual results
to differ materially from those projected. These risks and other
risks relating to Redback Network's business are set forth in the
documents filed by Redback Networks with the Securities and
Exchange Commission (SEC), specifically the most recent report on
Form 10-K, Form 10-Q, Form 8-K, Redback's Registration Statement on
Form S-3 (File No. 333-114352), and amendments thereto, and the
other reports filed from time to time with the SEC.
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