Announcement posted by Vanco 16 Aug 2007
Vanco Hits the Big Time
Allen Timpany identifies the ‘Big Five’ in Global Managed Network Services
He stated, “There is clear separation between global providers and niche players in the industry and, realistically, there are now just five alternatives for global multinational enterprises to choose from – AT&T, Verizon Business, Orange Business Services, BT Global Services and Vanco. In a market estimated to be worth in excess of £15 Billion per annum, Vanco is the only global provider that is growing rapidly; with consistent growth of around 30 per cent per annum .This demonstrates that our independent position in the market better serves customer requirements and expectations.”
Timpany continued, “Amongst the Big Five, Vanco is proud to be different – we offer a unique, asset-light model which means that our customers have access to all solutions and technologies in the market. We have built a business around the principle of offering customers the solution and accompanying service that they seek. This approach, combined with impressive service metric targets, competitive pricing and actively bringing new technology ideas to our customers, has led to a customer retention rate of 98 per cent this year.”
He concluded, “We believe Vanco will overtake some of the other Big Five in terms of market share in the global managed data network market – and probably sooner than people might imagine. At the main board level some of our competitors are not committed to this market.”
ends
About Vanco
Established in 1988, Vanco plc (FTSE: VAN) is the pioneering and leading global Virtual Network Operator. Vanco does not own telecoms assets and therefore has the freedom to source infrastructure from the most suitable Asset Based Carriers (ABCs) on a global basis. It provides enterprise clients, directly or through partners, with cost-effective, optimised and fully managed network solutions. Carriers can also extend their off-net reach by accessing, through Vanco, other carrier networks around the world.
With solutions available in 230 countries and territories, Vanco is selected by the world’s largest organisations to provide strategic network solutions. Its clients include Accor Hotels, Avis Europe, British Airways, Ford Motor Company, IBM/Lloyds TSB, Siemens, Pilkington and Virgin Retail.
Through the Vanco network solution clients get access to the greatest geographic coverage available through a single provider. Vanco offers incomparable flexibility to customise and adapt the solution in line with market changes and business priorities.
Vanco is recognised by the industry for its financial success and world class customer service delivery. A significant proportion of its investment capital goes into customer care which is reflected by the awards won, independent market research and client retention.
For further press information, please contact:
Tel: +61 (0) 2 8272 5924
Email: ian.mackie@vanco-australasia.com