INTERNATIONAL TELECOMS WEEK, CHICAGO, IL, MAY 15, 2012 -- Overture, the preferred Carrier Ethernet edge and aggregation partner for service providers and network operators worldwide, today announced a further significant expansion of its international sales team, opening offices in India, Italy, Malaysia and Russia staffed with locally-based individuals who share the company's commitment to provide unmatched quality, service and support. These additions follow on the heels of Overture's recent appointments of vice presidents for Canada and the Caribbean and Latin American (CALA) regions.
"There is growing industry recognition that Overture is leading the way with Carrier Ethernet solutions for operators looking to multiply and accelerate revenue opportunities, streamline operational costs and differentiate their services," said Kevin Martin, senior vice president of Sales, EMEA-APAC. "This is evidenced not only by our expanding global customer base, but also by the high caliber individuals who are joining our team. We welcome our newest Overture sales professionals and we are proud to know they will be bringing our solutions to market in their respective regions."
According to industry analysts, the market opportunity for the type of Carrier Ethernet solutions Overture delivers is strong. Vertical Systems Group estimates the global market for services enabled by Carrier Ethernet will grow to over $40 billion by 2015. Infonetics Research estimates the market opportunity for Carrier Ethernet equipment in the EMEA-APAC regions where Overture has recently expanded is very robust, and should exceed $35B by in the same timeframe.
For more information about Overture, please visit www.overturenetworks.com or follow @OvertureNews on Twitter.
About Overture Networks
Overture is the preferred Carrier Ethernet edge and aggregation partner to more than 450 service providers and network operators worldwide. By providing an entrance to a smarter network, Overture offers service providers the means to leverage Carrier Ethernet to multiply revenue opportunities and streamline operational costs by enabling high-capacity Ethernet services over any physical media, including fiber, copper, and TDM. Overture's solutions are designed for reliability and ease of use, and arm customers to compete in demanding applications such as cloud computing and mobile communications that require greater bandwidth and smarter networks. Overture is headquartered in Research Triangle Park, NC, with a technology center in Richardson, TX. For more information, visit www.overturenetworks.com