Hutchison outsources net security to Verizon

When it comes to the emerging market opportunity of managed security services, Verizon Business has been one of the most aggressive telcos in the world. That intensity and focus on building a high-quality security portfolio and organization is starting to pay off, not only with the corporate enterprises you would assume would be the chief target, but also with other service providers.

Asia's Hutchison has tapped Verizon to provide monitoring, firewall management and other capabilities for its 3G mobile network. The mobile unit, called 3, has some existing network security and wants to add more, but obviously doesn't view developing its own additional layers of security as a core competency. Verizon and other telcos, however, increasingly view network security as core to their businesses, and see the opportunity to provide it to others as new premium, revenue-generating services. The Hutchison deal will immensely help Verizon's global reputation as a provider of such services.

For More:
- Read this story in Computerworld Australia