Verizon brings Private IP service to 10 countries in the Africa, Asia-Pacific and Mid-East
Verizon (NYSE: VZ) is giving its business and wholesale Private IP customers access to more international points by expanding the service into the Middle East, Africa and Asia-Pacific regions.
Customers that have needs in these emerging markets will be able to get access to Private IP/MPLS service 10 countries: Bangladesh, Cambodia, Laos, Nepal, Iraq, Lebanon, Yemen, Madagascar, Mauritius and Tunisia.
The service provider is also adding locations in Chennai, India, and in Johannesburg, South Africa, to satisfy customer demand for additional routes. Like the other locations, these additional routes will provide other points of access to Verizon's MPLS services.
Verizon's moves in these regions should not be all that surprising. A number of U.S.-based multinational corporations are expanding their presence in both Asia Pacific and the Middle East. This activity could make Verizon a bigger threat to other aggressive players like BT (NYSE: BT), Orange and Telstra (ASX: TLS.AX) that also provide service in these regions.
Verizon's expansion effort into these three regions is only one part of its broader international IP service expansion plan. The carrier also plans to deepen its Private IP presence in Central and South America.
Enhancing its reach into more international countries could help fuel more enterprise revenue growth for Verizon.
Indeed, while Verizon's overall Q4 2013 enterprise revenues declined 5.2 percent to $3.6 billion due to slow sales in both the public and private sectors, sales of Verizon's strategic services like cloud and security grew 2.3 percent year-over-year to $2.14 billion.
- see the release
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