Press release from Business Wire India
Source: Business Wire
Thursday, January 08, 2009 12:00 PM IST (06:30 AM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology, Telecommunications; Technology
Release no: 18873
(BW)(CA-REDBACK-NETWORKS)(ERIC)Redback Networks to Provide Broadband Services for more than 5 Million Subscribers as Part of Expansion by BSNL of India
San Jose, California, United States, Thursday, January 08, 2009 — (Business Wire India) —
Redback Networks, an Ericsson company (NASDAQ:ERIC) providing video-centric routers for 75 percent of the world’s largest triple-play networks, today announced that Bharat Sanchar Nigam Ltd (BSNL) of India will use Redback’s SmartEdge® family of multi-service edge routers as a part of its expansion plan to deliver broadband services to more than 5 million business and residential users.
Currently, BSNL uses Redback’s SmartEdge 800 multi-service edge routers to support 2.5 million broadband subscribers. Under the expansion, BSNL plans to deploy additional Redback SmartEdge 800 multi-service edge routers to support up to 2.5 million more subscribers across India.
“BSNL’s selection of Redback for its network expansion further validates the technical advantages of our SmartEdge platform and the exceptional service it helps carriers deliver to customers,” said Herve Brunet, Vice President of Sales and Operations in Asia for Redback Networks. “India continues to be one of the largest growth opportunities for Redback in greater Asia. Redback and Ericsson are dedicated to helping BSNL build a full service broadband network that will provide the highest quality data, voice and video services to subscribers across this region.”
BSNL is the seventh largest telecommunications company in world with more than 70 million wire-line and wireless subscribers. BSNL generated more than $8 billion in revenues last year and reported more than $2.26 billion in net income.
About Redback Networks
An Ericsson company since January 2007 (NASDAQ:ERIC), Redback Networks has sold 107+ million broadband subscriber licenses to 75 percent of the top 20 telephone carriers worldwide. Redback delivers next generation broadband services such as VoIP, IPTV, on-demand video, and online gaming. Redback Networks has more than 500 carrier customers worldwide and is based in San Jose, CA. For more information, visit Redback Networks at www.redback.com.
Ericsson is the world’s leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 195 million subscribers. The company’s portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with feature-rich personal mobile devices.
Ericsson is advancing its vision of “communication for all” through innovation, technology and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27.9 billion (SEK 188 billion) in 2007. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ.
CONSUMER, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY
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