Redback Networks Announces Major Win in Thailand; Largest Broadband Operator to Upgrade Its Network Infrastructure
07 Septembre 2006 - 11:30AM
Business Wire
Redback Networks Inc. (NASDAQ:RBAK), a leading provider of
next-generation broadband networking systems, today announced that
its SmartEdge(R) multi-service edge routers have been selected by
True Corporation Public Company Limited, formerly Telecom Asia, as
the platform for its next generation broadband IP network
infrastructure. Faced with increasing demand for high-speed
broadband internet connectivity and services, True Corporation
Plc., Thailand's largest broadband operator, needed to evolve its
existing Internet infrastructure to address the growing broadband
IP demands of both its residential and business customers. In
addition to accommodating large scale increases in subscriber
numbers, True also revealed aggressive plans to extend its product
range and provide triple-play services (data, voice and video) in
the future. "Thailand is one of the fastest growing broadband
markets in the world," said Haroon Butt, a senior analyst at Point
Topic, a broadband market research company. "Today, Thailand has
deployed more than 400,000 high-speed Internet lines, and is
expected to double that number in the next 12 months." "When
planning our next-generation broadband network, it was important
that the chosen system would not only efficiently scale to meet the
increases in our subscriber base, but also be powerful enough to
provide a foundation for a range of value-added, subscriber-centric
services going forward," said Dr. Viriya Upatising, Chief Technical
Officer of TRUE Internet Co., Ltd. "Redback's SmartEdge
multi-service edge router provides the subscriber and bandwidth
scalability we require, and the performance and intelligence
necessary to launch our new services." "We are pleased to be a key
element in True's broadband vision," said Simon Williams, Redback's
vice president of sales and operations for the Asia and Pacific
region. "True has a large and rapidly growing subscriber base that
is knowledgeable and demanding. The result is an audience who
readily embrace new broadband based services." The SmartEdge
platform delivers the strength of Redback's advanced subscriber
management capabilities with the SmartEdge platform's purpose-built
hardware and software to provide: -- subscriber management with
dynamic policy enforcement, -- carrier-class IP routing, -- ATM and
Metro Ethernet aggregation, -- MPLS VPNs, -- advanced video
capabilities, including multicast, and -- hierarchical and high
performance Quality of Service (QoS) Redback Networks' NetOp(TM)
Policy Manager, a comprehensive policy management solution working
in unison with the SmartEdge multi-service edge router and other
Redback products, is a portal that allows service providers to
quickly define, design and deploy new value-added, revenue
generating services in a risk-minimized, cost-effective manner.
Redback is working through one of its reseller Partners to
implement the solution at True Corporation. Eleven of the top 20
carriers worldwide deploy Redback's SmartEdge family of
multi-service edge routers to deliver multiple broadband services
to tens of millions of business and residential customers
worldwide. These customers include British Telecom, Belgacom,
BellSouth, China Telecom, China Netcom, Chunghwa Telecom, France
Telecom and Turk Telecom, among others. About True Corporation Plc
True Corporation Public Company Limited is Thailand's only
fully-integrated communication solutions provider, convergence
leader and prime lifestyle enabler. True provides consumers, small
and medium enterprises, and corporations with a full range of
voice, data and multimedia solutions customized to meet their
needs. True is the largest wireline service provider in Bangkok,
the largest broadband provider in the country and a major player in
the wireless, cellular and Internet markets. Principal subsidiary
companies in the True Group include UBC, Thailand's dominant pay
television operator, and True Move, a major mobile phone service
provider. For more information please visit:
http://www.truecorp.co.th. About Redback Networks Redback Networks
Inc. manages 40 million broadband connections for 15 of the top 20
carriers worldwide. Redback's multi-service routing platform
delivers next generation broadband services such as VoIP, IPTV,
On-Demand Video and on-line gaming. Redback Networks has more than
500 carrier customers worldwide and is based in San Jose, CA. In
2006, Redback marks its 10 year anniversary, celebrating ten years
of broadband innovation. For more information, visit Redback
Networks at www.redback.com. REDBACK and SmartEdge are trademarks
registered at the U.S. Patent and Trademark Office and in other
countries. NetOp is a trademark of Redback Networks Inc. All other
products or services mentioned are the trademark, service marks,
registered trademarks or registered service marks of their
respective owners. Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995 The statements contained
in this press release that are not purely historical are
forward-looking statements within the meaning of Section 21E of the
Securities and Exchange Act of 1934, as amended, including
statements regarding Redback Networks' expectations, beliefs,
intentions or strategies regarding the future and including,
without limitation, statements regarding True Corporation's plans
to utilize the SmartEdge multi-service edge router platform, the
expected growth of True's customer base and business, the SmartEdge
platform's ability to efficiently scale to meet the demands of
True's customer base, and the expectation that Thailand will double
its number of high-speed Internet lines in the next twelve months.
All forward-looking statements included in this document are based
upon information available to us as of the date hereof, and we
assume no obligation to update any such forward-looking statements.
Forward-looking statements involve risks and uncertainties, which
could cause actual results to differ materially from those
projected. These risks and other risks relating to our business are
set forth in the documents filed by Redback Networks with the
Securities and Exchange Commission (SEC), specifically the most
recent report on Form 10-K for the fiscal year ended December 31,
2005, Form 10-Q for the quarter ended June 30, 2006, Forms 8-K, and
amendments thereto, and the other reports filed from time to time
with the SEC.
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