GENBAND No. 1 in Trunk Media Gateway Market Share Worldwide
Plano, TX, June 8, 2009 – GENBAND Inc., a market-leading developer of next-generation IP infrastructure solutions, today announced that Infonetics Research published first quarter market share statistics, which report that GENBAND holds the no. 1 market share position worldwide in trunk media gateways.
In the report, Service Provider VoIP Equipment and Subscribers, Infonetics shows that GENBAND shipped more trunk media gateway ports globally in the first quarter than any other media gateway manufacturer tracked by Infonetics. GENBAND captured 17 percent global revenue market share, with shipments increasing 82 percent and revenues increasing 44 percent quarter over quarter, propelling the company to the top of the market.
“GENBAND’s trunk media gateway shipments and revenue growth stood out in the first quarter in what was otherwise a tough quarter for the industry,” said Diane Myers, Infonetics’ Directing Analyst for Service Provider VoIP and IMS. “They led our ‘movers and shakers’ category with the highest increases in revenue and shipments. While economic conditions have exacerbated an industry pause in shipments across the board, GENBAND’s achievements during the quarter were noteworthy.”
“We were very pleased to see our flagship GENBAND G9™ Converged Gateway continue to succeed in the marketplace in what is historically a challenging quarter for our industry,” said Mehmet Balos, Chief Marketing Officer at GENBAND. “Although the market conditions impact all of us, we continue to make strategic moves that position GENBAND for long-term sustainable and profitable growth. The value proposition and demand for IP migration and all-IP networks continue to be strong and driving industry innovation.”
GENBAND’s carrier grade gateways, including its high-density G9 Converged Gateway, mid-sized G6™ Universal Gateway and hardened G2™ Compact Gateway, allow fixed and mobile operators to rapidly deploy new multimedia services and infrastructure, while enabling service providers with legacy networks to transition to next generation networks. GENBAND’s products are open standards-based, creating the industry’s first truly open-architecture platforms that accelerate the deployment of IMS architectures and high value multimedia services.
About GENBAND
GENBAND is a global leader and innovator of next generation IP media, session border and fixed mobile convergence security solutions deployed in over half of the world’s 100 largest service providers. These high-performance gateway solutions are at the core of fixed and mobile networks around the world - evolving, securing and enhancing communications networks. Headquartered in Plano, Texas, GENBAND has Centers of Excellence around the world and serves customers and partners in more than 80 countries. Additional information is available at www.genband.com.
Contacts:
Kim Lee
GENBAND Inc.
+1.972.265.3766
kim.lee@genband.com
Frank Puglia
GENBAND Inc.
+1.972.265.3612
frank.puglia@genband.com