New Horizons

Verizon Business, a provider of business data connectivity solutions is

seeking to reposition itself as a value added service provider for enterprises.

Speaking at an analyst meet at Singapore, Blair Crump, group president of

worldwide sales stated that Verizon Business has added to its portfolio a host

of professional services, including hosting services, communications services

for collaboration, IT solutions to improve IT performance and security

solutions.

Verizon Business also announced that they are going to be focusing more on

India and China and would be investing into new global networks connecting these

countries to the rest of the world.

The company estimated the Indian enterprise market at $5.4 bn, out of which

its addressable opportunity of companies with multinational operations was seen

as $1.3 bn, growing to $2.6 bn.

Verizon Business operates in India through a joint venture with Leo

Communications, a part of the Videocon group of Mumbai. Verizon Business holds a

74% stake in the joint venture, Leo Communications holds the remaining 26%. The

JV obtained NLD and ILD licenses in January 2008 and has interconnect agreements

with Bharti and Reliance.

Krishna Kumar



vadmail@cybermedia.co.in


The author was hosted in Singapore