Strategic Alliance Expands Inteliquent's Ethernet Services in Southern Africa; Enhances Vox's Layer 2 Coverage Globally
CHICAGO, IL--(Marketwire - Sep 12, 2012) - Inteliquent (NASDAQ:IQNT, news, filings), a leading provider of global interconnection and interoperability solutions, today announces its strategic alliance with Vox Telecom, a leading independent telecom operator, providing voice and data services to the Southern African market. The agreement both strengthens Inteliquent's coverage throughout Southern Africa and provides Vox access to Inteliquent's EtherCloud(SM) solution across the globe.
The agreement provides Vox Telecom access to Inteliquent's EtherCloud solution to extend its Global Ethernet reach by leveraging on Inteliquent's over 130 points of presence (PoP) worldwide, significantly increasing the availability of Vox Telecom's Layer 2 Ethernet services to locations currently off-net; particularly in Europe and North America. Moreover, Inteliquent will leverage Vox Telecom's comprehensive coverage in the Southern African region to fulfill growing demand for Ethernet in that market. As a result, the agreement will expand both companies' Ethernet services to high demand markets.
"As a leading communications provider in the Southern African region, Vox Telecom continues to explore the best ways to fulfill our clients' increasingly demanding network requirements. As we evolve to meet this need, it is imperative that we also collaborate to ensure the best possible solutions, while also meeting our overall business expansion strategies," states Simon Butler, Head of Data and Access. "Through this alliance, not only are we able to serve our current markets, but we are also expanding our Ethernet presence globally to offer comprehensive solutions to Inteliquent and its respective clients."
"Inteliquent's extensive network reach is complemented by the network reach of each of ourEtherCloud partners," comments Surendra Saboo, President and COO of Inteliquent. "We're pleased to add Vox Telecom's extensive network presence in South Africa to expand our coverage and better serve the needs of our customers in this region. Vox Telecom is a well-respected carrier that continues to introduce innovative services, and we are excited to be a part of its product evolution and expansion strategy."
A Layer 2 platform, EtherCloud connects diverse partner networks into a seamless Ethernet cloud that delivers end-to-end connectivity around the world. It relies on a global MPLS backbone as a distributed switched network of 130 PoPs to interconnect partners' networks through standardized E-NNIs. By interconnecting partner networks to create one holistic Ethernet cloud, EtherCloudenables users to both source and sell Ethernet Point-to-Point, Point-to-multipoint and Any-to-Any (VPLS), allowing them to create high performance connectivity solutions for all Global Ethernet WAN requirements. EtherCloud provides a one-stop-shop to connect anywhere in the world.
Headquartered in Chicago, Inteliquent (operating under the legal name of Neutral Tandem Inc., Tinet SpA and/or any of their affiliates) provides intelligent networking to solve challenging interconnection and interoperability issues on a global scale. With an advanced MPLS network that is highly interconnected to carriers around the world, Inteliquent provides voice, IP Transit, Ethernet and hosted service solutions to major carriers, service providers, and content management firms based in over 80 countries and six continents. With over 130 Ethernet sites worldwide, the company is one of the largest global Ethernet interconnection providers, a top five global IP transit provider and has a leading IPv6 network. Please visit Inteliquent's website atwww.inteliquent.com and follow us on Twitter@Inteliquent.
About Vox Telecom
Vox Telecom Limited is a leading telecoms operator, providing voice, data and collaboration services to the southern African market. The Group competes in both the business and consumer sectors and has offices in Johannesburg, Pretoria, Durban, Cape Town and Port Elizabeth as well as in Windhoek, Namibia. Vox Telecom, established in 1998, has established itself as one of the major players in the telecoms market and is the largest black-owned telecommunications company in South Africa.
More information is available at www.voxtelecom.co.za.
Cautions Concerning Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical fact, included in this press release regarding Neutral Tandem's strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements Neutral Tandem makes. Factors that might cause such differences include, but are not limited to: risks associated with our ability to successfully develop and market EtherCloud services, including but not limited to significant completion in providing the service, identifying, obtaining, operating and maintaining attractive network switch sites, equipment, software and business support systems; our inability to interconnect with third parties or obtain necessary third party rights or permits on a timely basis, if at all; cost estimation errors or overruns; material delays or shortages; and other factors, many of which are beyond our control and all of which could delay or negatively affect our ability to offer EtherCloud services; and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the "Risk Factors" section of Neutral Tandem's Annual Report on Form 10-K for the period ended December 31, 2011, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
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