Redback Networks announced major wins

September 7, 2006

3 Min Read

SAN JOSE, Calif. -- Redback Networks Inc. (NASDAQ:RBAK - News), a leading provider of next-generation broadband networking systems, today announced that its SmartEdge® multi-service edge routers have been selected by True Corporation Public Company Limited, formerly Telecom Asia, as the platform for its next generation broadband IP network infrastructure.

Faced with increasing demand for high-speed broadband internet connectivity and services, True Corporation Plc., Thailand's largest broadband operator, needed to evolve its existing Internet infrastructure to address the growing broadband IP demands of both its residential and business customers. In addition to accommodating large scale increases in subscriber numbers, True also revealed aggressive plans to extend its product range and provide triple-play services (data, voice and video) in the future. "Thailand is one of the fastest growing broadband markets in the world," said Haroon Butt, a senior analyst at Point Topic, a broadband market research company. "Today, Thailand has deployed more than 400,000 high-speed Internet lines, and is expected to double that number in the next 12 months."

"When planning our next-generation broadband network, it was important that the chosen system would not only efficiently scale to meet the increases in our subscriber base, but also be powerful enough to provide a foundation for a range of value-added, subscriber-centric services going forward," said Dr. Viriya Upatising, Chief Technical Officer of TRUE Internet Co., Ltd. "Redback's SmartEdge multi-service edge router provides the subscriber and bandwidth scalability we require, and the performance and intelligence necessary to launch our new services."

"We are pleased to be a key element in True's broadband vision," said Simon Williams, Redback's vice president of sales and operations for the Asia and Pacific region. "True has a large and rapidly growing subscriber base that is knowledgeable and demanding. The result is an audience who readily embrace new broadband based services."

In a separate release:

SAN JOSE, Calif. -- Redback Networks Inc. (NASDAQ:RBAK - News), a leading provider of next-generation broadband networking systems, today announced several milestones in broadband service deployments with incumbent carriers in China, including carrier wins in 22 of 32 provinces in China.

Redback's SmartEdge® family of multi-service edge routers have now been deployed in 22 of China's 32 provinces, serving millions of business and residential broadband customers. There are about 30 million DSL users in China, about 20 percent of the estimated 150+ million DSL users worldwide, according to Point-Topic, a U.K.-based telecommunications research firm.

China is Redback's second largest market and third largest customer, if you combine China's public-owned telephone carriers into one group. Over the last 12 months, Redback has 22 carrier wins in China, focused on the independently operated, provincial subsidiaries of China Telecom and China Netcom, the two largest incumbent carriers in China. For China Telecom, this includes provincial carriers in Guangdong, Zhejiang, Fujian, Anhui, Hubei, Jiangxi, Yunnan, Shaanxi, Ningxia, Heilongjiang and Tibet. For China Netcom, this includes similar deployments in Shandong, Liaoning, Hebei, Heilongjiang, Jilin, Henan, Shanxi, Inner Mongolia, Zhejiang, Chongqing and Yunnan.

With these carriers in China, Redback is at the center of one of the largest IPTV deployments in the world. In China, five carriers are either using or plan to use in the future Redback's multi-service edge router to help deliver IPTV service in Guangdong, Jiangsu, Zhejiang, Shaanxi and Heilongjiang provinces. Because China has little cable TV infrastructure, these five telephone carriers hope to sign up to 500,000 IPTV users as a competitive alternative to satellite and broadcast TV services.

"Our research shows compound annual growth rates of greater than 50% for many new business and residential broadband services in China," said Mark Bieberich, research director at Yankee Group., a major research firm in Boston, MA. "Redback's success in the China market demonstrates its ability to meet this demand with a proven multi-service edge router."

Redback Networks Inc.

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