PR Archives:  LatestBy Company By Date

Press Release -- December 19th, 2013
Source: eunetworks

HUK-COBURG Renews Multi-Year Contract with euNetworks

• Network solution delivering Ethernet services to over 47 locations across Germany, and connecting HUK COBURG’s headquarters
• Germany’s leading insurance provider has been relying on euNetworks’ bandwidth infrastructure for three years

London, UNITED KINGDOM; Frankfurt Am Main, GERMANY – 19 December 2013 – euNetworks GmbH, a subsidiary of euNetworks Group Limited (SGX: 5VT.SI), today announced it has renewed a multi-year agreement with HUK-COBURG, one of the leading providers of Insurance services in Germany. This pre-term contract renewal follows euNetworks’ strong network performance, and the high level of service management and customer care delivered to HUK-COBURG.

With over 10 million customers, the HUK-COBURG Insurance Group is one of the leading providers of insurance services in Germany. Headquartered in Coburg, it operates 47 branches and more than 600 customer service offices.

euNetworks delivers high bandwidth connections between HUK-COBURG field sites and the headquarters with its any-to-any Ethernet service. The solution in place 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 more sites to the 47 already connected becomes ‘plug and play’. Network traffic can be prioritised based on specific needs and the service is suitable for all types of traffic. With 24/7 service support, HUK-COBURG receives the continuity they need to smoothly manage the bandwidth needs of their significant business.

“euNetworks has delivered bandwidth services to us for over three years and we continue to be impressed with their technical expertise, support and commitment to managing our network,” said Frank Naumann, Head of IT of HUK-COBURG. “Our decision to renew our contract we have with euNetworks was based on our close working relationship and robustness of the networking solution they continue to provide us. The fact they own the infrastructure at the fibre level provides us with greater service assurance as we continue to grow.”

“We are honoured to be working with HUK-COBURG, supporting them with scalable bandwidth across the region,” said Uwe Nickl, Chief Marketing Officer of euNetworks. “We have worked closely with them these past three years and are committed to continuing to deliver the bandwidth experience they expect and need as they future proof their communications infrastructure.”

About euNetworks

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 long haul 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

euNetworks Investor and Press Contact:

Hannah Fox | Marketing Director | euNetworks
15 Worship Street | London EC2A 2DT email | hannah_britt skype
+44 20 7952 1338 office | +44 7717 896 446 mobile

PR Archives: Latest, By Company, By Date