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Technology Stocks : Infonet - Leader of Managed Data Communicaton Services

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To: Eric S. who started this subject10/28/2003 8:43:01 AM
From: JakeStraw   of 241
 
Infonet Maintains Position in Leader Quadrant in Gartner's Latest Global Network Service Provider ``Magic Quadrant'' Report
Tuesday October 28, 8:05 am ET
biz.yahoo.com

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Oct. 28, 2003--Infonet Services Corporation (NYSE:IN), a leading provider of global communications services for multinationals, today announced it was once again listed in the "leader" quadrant for both "Ability to Execute" and "Completeness of Vision" in Gartner's most recent Magic Quadrant for Global Network Service Providers report, written by David Neil and released on October 17th.

According to Gartner, leaders are vendors who are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.

According to Gartner, "Ability to Execute" is defined through service provider performance in five criteria, "Service Portfolio and Coverage", "Client Support, Service and Quality", "Mind Share and Market Share", "Pricing" and "Corporate Viability". Gartner defines "Completeness of Vision" through the evaluation criteria "Product Strategy", "Marketing and Sales Strategy", "Business and Financial Strategy", "Technology Strategy" and "Operational Strategy".

"This year continues to be one of great progress for Infonet, highlighted by our continued expansion into high-growth markets like India and Singapore, and the strengthening of our already robust portfolio of managed network services with new Mobility and Security offerings," said Jose A. Collazo, Chairman, President and Chief Executive Officer of Infonet. "We are proud to stand at the forefront of the industry, and look forward to continuing to innovate and execute to bring our vision to reality."

Source: Gartner, "Global Network Service Providers 2003", David Neil, October 2003.
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