Reliance Globalcom Appoints Mark Thompson President of New Data Business Unit
Released on: October 22, 2008, 11:03 pm
Press Release Author: Reliance Globalcom
Press Release Summary: Reliance Globalcom today announced the appointment of Mark Thompson as President of its Data Business unit, responsible for all data communications solutions within the global communications group. The Reliance Globalcom Data Business brings together its subsidiaries Reliance Globalcom Limited (formerly known as FLAG Telecom), Reliance Globalcom Services Inc. (formerly known as Yipes Enterprises) and Reliance Vanco Group (formerly known as Vanco Group) to create a global managed solutions provider, with leading on- and off-net data networking capabilities and related services, offering solutions to enterprises, systems integrators, and carriers around the globe.
Press Release Body: Reliance Globalcom today announced the appointment of Mark Thompson as President of its Data Business unit, responsible for all data communications solutions within the global communications group. The Reliance Globalcom Data Business brings together its subsidiaries Reliance Globalcom Limited (formerly known as FLAG Telecom), Reliance Globalcom Services Inc. (formerly known as Yipes Enterprises) and Reliance Vanco Group (formerly known as Vanco Group) to create a global managed solutions provider, with leading on- and off-net data networking capabilities and related services, offering solutions to enterprises, systems integrators, and carriers around the globe.
By combining the three entities under a single business unit, Reliance Globalcom is able to deliver customer-focused managed network and application delivery solutions that leverage a global network with unrivalled reach, depth and breadth. The company offers its multinational, service provider and global carrier clients fully-managed and flexible services, including next generation managed WAN, remote access, security, application acceleration, convergence, data protection and hosting services. Reliance Globalcom helps its clients improve their competitive advantage by leveraging the company's 65,000 route kilometre private cable system with reach to developed and emerging markets, its expertise in managing global IP MPLS and Ethernet VPLS customer networks, and its deep local access partnerships with more than 750 partners in 230 countries.
Over 1400 enterprise customers and 200 carriers depend upon Reliance Globalcom to manage business-critical network solutions and address complex requirements for their businesses and partners throughout the world.
"When it comes to global business connectivity, conglomerates, MNCs and large enterprises use a variety of technologies depending on geography, departmental policies and the nature of the data carried," said Pauline Trotter principal analyst, Enterprise Practice, Ovum. "The provider that offers an all-in-one solution is very attractive to those customers that have disparate technologies on different parts of their network whether it's Ethernet, IP MPLS, IPL or some combination of all of these transport solutions."
"Mark brings to Reliance's new Data Business unit over a decade's worth of telecommunications experience and an impressive track record leading customer-driven organizations. His knowledge of the global communications market and his direct experience with multinational enterprises will provide Reliance Globalcom with the leadership and expertise required to become one of the foremost communications providers in the world," said Punit Garg, President and CEO of Reliance Globalcom.
The Reliance Globalcom Data Business will compete with AT&T, British Telecom Global Services, Orange Business Services, and Verizon Business, for medium to large MNC customers around the world, serving them directly or through channel partners. The business will also deliver wholesale solutions to carrier customers.
Commenting on his appointment, Mark Thompson remarked: "We are combining three strong businesses -- each a market leader in its own right and a positively disruptive influence in its marketplace, aligning processes and expanding our global reach to create a portfolio of truly unique service offerings that focuses on our customers and their distinct service requirements. These are complementary businesses, which collectively create even more highly-focused, customer-driven solutions that are not limited by network reach, in-country density, or breadth of services. Our goal is to be recognized as one of the top five data communications business by all measures, and I am proud to be leading a company that has the capabilities and expertise needed to achieve these goals."
Mark, age 45, is appointed as President of Reliance Globalcom Data Business and also continues to hold the position of CEO for Reliance Vanco Group Limited. Mark joined from Energis, where he was Director of their Corporate Business unit. Mark's early career included 12 years in the Royal Navy serving as an Engineering Officer. He has now been in the Telecoms market for over 13 years. Mark will report to Punit Garg.
About Reliance Globalcom: Reliance Globalcom, a division of Reliance Communications Limited, spearheads the Global Telecom operations of India's largest Integrated Telecom Service Provider. Reliance Globalcom brings together the synergies of Reliance Communications Global Business encompassing Enterprise Services, Capacity Sales, Managed Services and a highly successful bouquet of Retail products & services comprising of Global Voice, Internet Solutions and Value Added Services. The company serves over 1400 enterprises, 200 carriers and 1.7 million retail customers in 50 countries across 5 continents. Reliance Globalcom owns the worlds largest private undersea cable system spanning 65,000 kms seamlessly integrated with Reliance Communications's over 110,000 kms of domestic optic fiber provides a robust Global Service Delivery Platform connecting 40 key business markets in India, the Middle East, Asia, Europe, and the U.S. With its recent acquisition of eWave World, a pioneer in the global Wimax space, Reliance Globalcom has the capability to launch 4G services in over 50 countries. It has also acquired Vanco Group, enabling the company to provide managed services to over 230 countries across the globe. For further information, please visit www.relianceglobalcom.com
About Reliance Communications:
Reliance Communications Limited founded by the late Shri. Dhirubhai H Ambani (1932-2002) is the flagship company of the Reliance Anil Dhirubhai Ambani Group. The Reliance Anil Dhirubhai Ambani Group currently has a market capitalization of over Rs. 2,25,000 crore (US$ 53 billion), net worth in excess of Rs. 58,000 crore (US$ 14 billion), cash flows of Rs. 12,000 crore (US$ 3 billion), net profit of Rs. 8,000 crore (US$ 2 billion) and zero net debt.
Rated among "Asia's Top 5 Most Valuable Telecom Companies", Reliance Communications is India's foremost and truly integrated telecommunications service provider. The company, with a customer base of over 58 million including over 1.8 million individual overseas retail customers, ranks among the Top 10 Asian Telecom companies by number of customers. Reliance Communications corporate clientele includes 2,100 Indian and multinational corporations, and over 800 global, regional and domestic carriers.
Reliance Communications has established a pan-India, next generation, integrated (wireless and wireline), convergent (voice, data and video) digital network that is capable of supporting best-of-class services spanning the entire communications value chain, covering over 20,000 towns and 450,000 villages. Reliance Communications owns and operates the world's largest next generation IP enabled connectivity infrastructure, comprising over 175,000 kilometers of fibre optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region.
Web Site: http://www.relianceglobalcom.com/index.php