PR Archives:  LatestBy Company By Date

Press Release -- September 6th, 2011
Source: Verizon
Tags: Exchange

RWE Chooses Verizon Managed Network Service Solution to Transform Energy Exchange

READING, U.K. — RWE IT GmbH, the IT supplier within RWE AG, has joined with Verizon, a global leader in delivering communication, IT security and network solutions, to provide an international network organisation for its customers across the RWE Group. Under a new five year agreement, Verizon will work with RWE IT GmbH to provide a fully managed, end-to-end global communications service, including managed wide area network, local area network, Internet, voice and security solutions.

The agreement will initially cover RWE Supply & Trading GmbH, RWE’s energy trading house, and the RWE Group’s commodities trading hub. The Verizon solution will provide the company with the infrastructure it needs, with stringent service-level agreements supporting network performance and secure connectivity between its global trading floors.

Michael Neff, RWE IT’s CEO, commented: “RWE IT’s mission is to support the RWE Group’s strategic priorities of becoming more sustainable, more international and more robust. Our aspiration is to deliver excellence in technology and business process, and we therefore wanted to identify a partner with not only the geographical reach, technical capabilities, experience and expertise to help support our business growth, but also who shared our commitment to innovation in service delivery. Verizon has a strong brand and reputation in the marketplace, and we believe that this new relationship will play a crucial role in helping us create innovative solutions for our customers.”

“Verizon has long been a proponent of the power of technology to change business models and deliver business results”, commented Martin Burvill, Verizon’s EMEA group vice president. “This new relationship is a great match at every level, but is primarily about delivering a common technology platform to support the global business vision of the RWE Group. RWE recognises the strengths the Verizon team can bring to their business. We look forward to being part of the RWE team that delivers the next phase of the company’s business success.”

Verizon is a global leader in driving better business outcomes for enterprises and government agencies. Verizon delivers integrated IT and communications solutions via its high-IQ global IP and mobility networks to enable businesses to securely access information, share content and communicate. Verizon is rapidly transforming to a cloud-based “everything-as-a-service” delivery model that will put the power of enterprise-class solutions within the reach of every business. Find out more at

About RWE IT

RWE IT provides dedicated information technology services to the RWE AG group of companies. The company operates in six countries across Europe employing approximately 2, 300 people. RWE IT GmbH is the German holding organisation with subsidiaries in England, Slovakia, Poland, the Czech Republic and Hungary. The services range from individual solution modules to complete solution strategies focusing on the development and maintenance of technical solutions to support RWE which is one of Europe’s leading electricity and gas companies.

About Verizon

Verizon Communications Inc. (NYSE, NASDAQ:VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, with more than 106 million total connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company, Verizon employs a diverse workforce of nearly 196,000 and last year generated consolidated revenues of $106.6 billion. For more information, visit


Media Contacts:
Terry Ash
+44 7833 235 454

PR Archives: Latest, By Company, By Date