AT&T's (NYSE: T) ongoing movement in the Asia Pacific telecom market is paying off as Gartner recognized the telco as one the leaders in its "Magic Quadrant for Asia/Pacific Network Service Providers 2011 Report."
Although the telco has had a presence in APAC for over 30 years, the past year was a pivotal time for AT&T in the region, as it expanded its product portfolio for multinational corporations (MNCs) and enhanced its presence in key markets including China and Indonesia.
There were two activities worth of note that AT&T conducted in the APAC region.
First, it became one of the first international service providers to secure a multimedia services operator license in Indonesia last year. With this license in hand, AT&T Global Network Services Indonesia (AT&T Indonesia) can now provide services such as Ethernet and IP/VPN directly to business customers.
Second, the telco established a strategic framework agreement with China Telecom (NYSE: CHA) to expand their existing relationship to deliver global solutions, including videoconferencing and managed hosting, to their respective MNC customers.
Already providing service to over 600 customers in China, the new agreement with China Telecom enables AT&T to capitalize on the double-digit percentage growth it has seen in the region over the past three years. In 2010 alone, the service provider's customer base in China grew 50 percent.
Bernard Yee, vice president of AT&T Asia Pacific, said in 2012 it will continue "to invest in business-focused networks, systems and applications and provide a globally consistent set of robust and highly-secure services to global multinational corporations in Asia Pacific."
- see the release
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