According to Gartner, the VoIP enterprise market in Western Europe is projected to grow to $3.1 billion by 2010, a compounded annual growth rate (CAGR) of 47.8 percent from 2005 to 2010.
By September 2006, IP interconnected Voice over IP (VoIP) traffic in Europe traversing Global Crossing’s global IP backbone had increased by more than six million minutes per month from the previous year. Worldwide, Global Crossing’s VoIP platform currently carries more than 2.5 billion minutes per month.
Global Crossing has ramped up organic growth in the region with a significant expansion of IP access points, bringing the company’s Multi-Protocol Label Switching (MPLS) IP-based network closer to customers in a highly cost-effective manner. Global Crossing’s MPLS network delivers state-of-the-art global IP solutions, with direct access to more than 600 cities in 60 countries.
“By expanding our European network, we’re giving carriers and enterprises more economical options as they move to a converged IP solution,” said Anthony Christie, Global Crossing’s chief marketing officer. “We continue to be very committed to expanding the geographic reach of innovative IP services, such as VoIP. We believe that enhanced service offerings – provided on a secure, reliable, high-quality IP network – deliver an invaluable business resource to our customers.”
Global Crossing also is expanding its network in the UK and Frankfurt via the recent acquisition of Fibernet to better serve the future requirements of customers with its newly enhanced portfolio of innovative IP solutions. Global Crossing is rapidly integrating Fibernet’s business into its European operations, utilizing Fibernet’s fiber ring in Frankfurt and a new group of telehouses for VoIP interconnection.