San Francisco, CA (1888PressRelease)
October 26, 2008 - Reliance Globalcom announces the structure of its services under four core business segments comprising of Data, Voice, WiMax and NLD. Reliance Globalcom's businesses will provide seamless, platform independent solutions to its customers by leveraging its expertise in the areas of managed services, global voice solutions and WiMax.
"Reliance Globalcom is now poised for strong exponential growth." said Mr. Punit Garg, President and CEO, Reliance Globalcom. "This consolidation will augment our capabilities to offer highly customer-focused solutions to end consumers and businesses (including enterprises, systems integrators, and carriers) around the globe. This is an important step towards making Reliance Globalcom one of the Top 5 Global communications enterprises", he added.
Reliance Globalcom is in unique position to deliver a unrivalled hybrid network reach, depth and breadth within a customer-focused managed services wrap with the alignment of its subsidiaries Reliance Globalcom Limited ( formerly known as FLAG Telecom), Reliance Globalcom Services Inc (Formerly known as Yipes Enterprises) and Reliance Vanco Group ( Formerly known as Vanco Group) under the "data" business vertical. The company offers a flexible combination of services to support the needs of multinational clients through low latency connectivity into developed and developing markets, global Ethernet VPLS spanning key metros, and relationships with over 750 carrier partners providing dense local multiple-technology access in every country in the world. The Reliance Globalcom data business will compete with AT&T, British Telecom Global Services, Orange Business Services, and Verizon Business, for medium to large MNCs around the world, serving them directly or through channel partners.
The new structure will accelerate Reliance Globalcom growth into the rapidly growing $285 Billion communications market by providing comprehensive voice, video and data network services on a integrated and highly scalable platform. It also has a well-established and robust Global Service Delivery Platform that connects developed markets to hard- to-reach developing markets in the Middle East, South East Asia, China and India.
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