• Solution based on Virtual Private LAN Service for more efficient bandwidth consumption
• Delivering a high performing bandwidth solution to support their education centres
London, UNITED KINGDOM; Frankfurt am Main, GERMANY– 11July2013 – euNetworks GmbH, a subsidiary of euNetworks Group Limited (SGX: 5VT.SI), today announced it has partnered with Deutsche Vermögensberatung (DVAG), delivering connectivity linking up thecompany’s education centres withhub sites in Germany. euNetworks has been delivering bandwidth services to DVAG since 2012, at that time, supplying a Dark Fibre ring in Frankfurt. This latest multi-year agreement further develops that bandwidth solution, supplying Ethernet services in Frankfurt am Main and Aachen, North Rhine-Westphalia in the first instance, with further locations to follow.
euNetworks’ Ethernet is in this case an any-to-any service. The solution is based on a Virtual Private LAN Service (VPLS), allowing the Ethernet to expand beyond point-to-point connectivity, using a single Ethernet access circuit to reach multiple destinations. This makes bandwidth consumption more efficient and means adding sites becomes ‘plug and play’. Network traffic can be prioritised based on specific needs and the service is suitable for all types of traffic.
Deutsche Vermögensberatung (DVAG) is Germany’s largest stand-alone financial services distributor. Nearly 37,000 financial advisors of DVAG support 6 million customers in all questions concerning financial planning, insurance, investment and finance. Deutsche Vermögensberatung offers comprehensive financial advisory for large parts of the population. The headquarters of DVAG provides and operates the central IT infrastructure for the financial advisors, who are spread across Germany.
“We needed a solution that was able to scale with our needs, catering to our high activity periods on any given day,” said Matthias Weiß,Senior IT-Consultant of Deutsche Vermögensberatung. “We needed a specialist bandwidth infrastructure provider with a localised approach but footprint across multiple cities and regions, ensuring our centralised applications are freely available to our geographically dispersed education centres. euNetworks offers us both that solution and reliability in infrastructure as we move our business into the digital 21st century. We have been truly impressed with their capability, dedication and professionalism in delivering this connectivity solution to us.”
“Our metropolitan networks are designed with this kind of solution in mind,” said UweNickl, Chief Marketing Officer of euNetworks. “Connectivity that is scalable in support of ever-growing business needs is fundamental to a company such as DVAG. We are excited to be working with them on this important and strategic project and remain committed to further roll out in additional locations in the future.”
euNetworks Group Limited (SGX: 5VT:SI) is a bandwidth infrastructure provider, owning and operating 13 fibre based metropolitan networks across Europe connected with a high capacity intercity backbone covering 38 cities in 9 countries. The Company offers a portfolio of metropolitan and longhaul services including Colocation, Dark Fibre, Metro Wavelengths, Wavelengths, Ethernet, and Internet. Enterprise and carrier customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.
euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange. For further information please visit www.eunetworks.com.
euNetworks Investor and Press Contact:
Hannah Fox|Marketing Director |euNetworks
15 Worship Street|London EC2A 2DT
+44 20 7952 1338 office|+44 7717 896 446 mobile