 | | | | Equant announces multi-year communications outsourcing contract with STMicroelectronics for more than $100 million | Geneva and Paris - June 14, 2005 - Equant has signed a multi-year contract with STMicroelectronics, for more than $100 million, to provide a complete outsourcing service that includes data, fixed and mobile voice and service management to more than 100 sites in 34 countries. |
| STMicroelectronics, headquartered in Geneva, is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. |
| As part of this communications outsourcing deal, Equant will provide a full set of communications services to STMicroelectronics, including data services based on IP VPN, fixed and mobile voice services including Voice over IP and IP Telephony, as well as service management. Equant has already installed 40 VoIP sites in 22 countries. This contract also includes the transfer of several hundred third party contracts to Equant. |
| Key benefits for STMicroelectronics from the agreement with Equant include: |
- Consolidating from dozens of service providers to one.
- Receiving the high level of network security required by large multinational corporations.
- Optimizing its overall communications infrastructure on Equant's converged IP VPN platform.
- Significant cost savings.
- Having end-to-end service level agreements worldwide.
- Ensuring easy transitions due to growth through mergers and acquisitions.
| "In 2003, STMicroelectronics migrated to a customized IP VPN solution from Equant in order to optimize costs while benefiting from state-of-the-art convergence capabilities," said Otto Kosgalwies, vice president Infrastructures & Services, STMicroelectronics. "This year, we were looking to gain even more efficiencies by outsourcing our complete communications infrastructure. We wanted to reduce total cost of ownership by 15-20 percent and to be able to focus on our core business. As we have done in other areas, we looked for a single strategic provider to help us achieve these goals. Based on past experience, we chose Equant and are confident that we will gain the desired value while remaining on the leading edge technologically." |
| "This new contract demonstrates the success and development of Equant's services strategy," said Michel Picaud, senior vice president and head of Equant Solutions & Services. "We are extremely pleased to provide the worldwide communications infrastructure for STMicroelectronics, a true industry innovator. Customers like STMicroelectronics are asking Equant to help them meet their most difficult challenge: use technology to drive revenue growth and profitability while reducing IT spend and maintaining customer satisfaction. This outsourcing relationship exemplifies the trust and confidence that Equant has already earned with STMicroelectronics. We are looking forward to assisting STMicroelectronics in meeting its business objectives through creativity and innovation." |
About Equant | Equant is a recognized industry leader in global communications services for multinational businesses. Equant combines its network expertise with its expanded services capabilities to provide global, integrated and customized communication services to enable its customers' key business processes. Equant serves thousands of the world's top companies, with the industry's most extensive portfolio of communications services and network solutions, including the market-leading IP VPN used by nearly 1,300 global businesses. Equant, a member of the France Telecom Group, consistently leads industry surveys in corporate user satisfaction. |
|
| |
| |
