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| Cable & Wireless wins global IP contract with Standard Chartered Bank |
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19 January 2006
Cable & Wireless today (19 January 2006) announced that it has won a five-year global internet protocol (IP) managed services contract with Standard Chartered Bank.
The contract will consolidate Standard Chartered's four existing networks supporting data, voice, and video services into a single, integrated IP platform.
Standard Chartered's new network is expected to result in substantial cost savings through lower total cost of ownership, increased global connectivity and reliability between all office sites and faster time to market for its next generation service offerings. Standard Chartered's new IP network will support its customer base in the UK, South East Asia, India, China, Korea, US and United Arab Emirates.
The network will be based on Cable & Wireless IP Virtual Private Network with Quality of Service (IP-VPN QoS), using multi-protocol label switching (MPLS) as the underlying transmission technology. This replaces legacy Frame Relay and ATM technology.
Roger Milne, Account Director for Standard Chartered Bank, Cable & Wireless, said: "Moving from legacy services to an IP network is the future for global businesses and we are pleased to help Standard Chartered achieve its network vision."
- Ends -
Notes to editors
Standard Chartered has been a global customer of Cable & Wireless for 10 years. The original master service agreement, known as the Global Managed Network (GMN), was signed in 1995 with Cable & Wireless Business Networks. The GMN contract was replaced four years ago by the Global Wide Area Network (GWAN) contract, which is due to expire in May 2006. The GWAN contract will be replaced by the new IP contract.
About Cable & Wireless
Cable & Wireless is one of the world's leading international communications companies. It provides fixed and mobile voice, data, IP (Internet Protocol) and broadband services to business and residential customers, as well as services to other telecoms carriers, mobile operators and providers of content, applications and internet services.
Cable & Wireless' principal operations are in the United Kingdom, the Caribbean, Panama, Macau and Monaco.
For more information about Cable & Wireless, go to www.cw.com.
For more information, please contact:
Joanne Wilkinson
Cable & Wireless
Tel: +44 (0)1344 81 88 88
Email: joanne.wilkinson@cw.com
Debbie Silton
Blue Rubicon (for Cable & Wireless)
Tel: +44 (0)20 7340 0430
Email: debbie.silton@bluerubicon.com
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