Leading Analyst Firm Positions Verizon in the Leaders Quadrant for Global and Pan-European Network Service Providers

Published on Wednesday, 16 May 2012 03:08 Written by TradersHuddle Staff

READING, England, May 16, 2012 /PRNewswire/ -- Leading industry analyst firm Gartner Inc. has placed Verizon Enterprise Solutions in the Leaders quadrant in the firm's two reports – "Magic Quadrant for Global Network Service Providers"[i] and "Magic Quadrant for Pan-European Network Service Providers."[ii]

Both reports evaluate providers that can deliver fixed corporate-networking services on a global and Pan-European basis. Offerings evaluated by Gartner include voice, data and managed network services including multiprotocol label switching (MPLS) and IPsec virtual private networks (VPNs), and Ethernet services and SIP trunking.  This is in addition to value-added services such as security, unified communications and data center services to enterprise customers across multiple geographies. 

Positioning in the Gartner Magic Quadrant is based on the ability to execute and completeness of vision.

Farooq Muzaffar, Verizon's vice president of product development and network integration, said: "We've continued to invest heavily to expand our high-IQ networks globally, including our 100 Gbps deployment on portions of our U.S. and European network and our recent network expansions in Africa, Middle East and Asia.  Verizon's networks, advanced technology platforms and industry-specific solutions are creating new business opportunities for our customers worldwide."

According to the Gartner reports: "Leaders have a full portfolio of voice and data products, coupled with above-average service and support, wide European/Global coverage and competitive pricing. They have a strong vision that includes adopting more information and communication technology (ICT) capabilities, which is a strategy they articulate clearly and openly."

Verizon has also recently been positioned in the Leaders quadrant for Asia-Pacific Network Service Providers.[iii]

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.  Verizon Wireless operates America's most reliable wireless network, with 93 million retail customers nationwide.  Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500.  A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of nearly 192,000.  For more information, visit www.verizon.com.

[i] Gartner, Inc. "Magic Quadrant for Global Network Service Providers," April 24, 2012; Authors Neil Rickard, Robert F. Mason, Sharon Gray; ID Number: ID:G00226786

[ii] Gartner, Inc. "Magic Quadrant for Global Network Service Providers," April 23, 2012; Authors Neil Rickard, Katja Ruud, Sharon Gray; ID Number: G00226787

[iii] Gartner, Inc., "Magic Quadrant for Asia/Pacific Network Service Providers" December 13, 2011, author To Chee-Eng, Bjarne Munch, Vincent Fu, Kenshi Tazaki.

SOURCE Verizon