Orange Business may be the dominant global Ethernet provider, but a new Vertical Systems Group report reveals that BT's (NYSE: BT) star is rising in the global Ethernet ecosystem.
While Orange Business is holding fast to its first place standing, the research group said in its final 2012 Global Provider Ethernet Leaderboard that BT Global gained a larger port share to pass both Verizon (NYSE: VZ) and Colt.
Through aggressive expansion efforts in other emerging regions, including Asia Pacific, Latin America, and the United States, BT Global continues find that its service message is resonating with large multinational corporations (MNCs) that require connectivity from a source that has broad reach.
While BT Global Services reported that tough conditions in Europe and financial services sector drove down fiscal Q3 2012 revenue to £1.75 billion ($2.8 billion), the telco reported that it had secured contracts with a number of large enterprise customers, including Novartis, Visa Europe and HTC. These new contract wins drove the service provider to add new points of presence in Europe and Asia, which can be used to deliver Ethernet and other services.
Rick Malone, principal at Vertical Systems Group, said the "market share results show a realignment at the top of the Leaderboard."
Seven companies achieved a position on the global Ethernet Leaderboard: Orange Business (France), BT Global Services (U.K.), Verizon (U.S.), Colt (U.K.), AT&T (U.S.) (NYSE: T), NTT (Japan) (NYSE: NTT) and Level 3 (U.S.) (NYSE: LVLT).
Outside of the top seven list, VSG said it saw movement in the Challenge tier and the Market Player tiers, which are global providers offering Ethernet services outside of their home countries with port shares under the Leaderboard threshold.
Making the Challenge tier cut were six service providers: Cable & Wireless Worldwide (U.K.), Cogent (U.S.) (Nasdaq: CCOI), Reliance Globalcom (India), SingTel (Singapore), Tata Communications (India) and T-Systems (Germany). Meanwhile, Cable & Wireless, Cogent and SingTel moved up from the Market Player to the Challenge tier during 2012.
For more:
- see the release
Special Report: Charting the Ethernet ecosystem
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