Tuesday, September 21, 2010

Metaswitch Reports Accelerating Trends

Metaswitch Networks' overall revenue grew 33 percent from £62.0 million to £82.4 million (or 18 percent growth in U.S. dollar terms, from $113.7 million to $134.5 million) for the financial year ending 31-August-2010, with pro-forma EBITDA margins sustained at 20 percent.

The company cited significant customer growth in both the North American market and several key international markets, as well as by the successful acquisition and integration of AppTrigger, leading to the addition of the Metaswitch Service Broker product line.

"Metaswitch has enjoyed another year of significant growth in all areas while increasing the depth and breadth of our customer relationships and continuing our commitment to engineering excellence," said Kevin DeNuccio, Metaswitch CEO. "Over the next 12 to 18 months, we'll continue our focus on expanding our footprint into new international markets and bringing innovative new products to market as the trusted architects of next-generation voice networks."

Some other news items from the Metaswitch Forum 2010 being hosted in Orlando, Florida this week:

Telecom Argentina has selected Metaswitch's MetaSphere platform to deliver a fully-featured SIP Trunking and Hosted PBX service to enterprise customers. Telecom Argentina currently serves over 20 million lines in Buenos Aires and the northern part of the country.

Metaswitch Networks and CounterPath Corp. have entered into a joint development and marketing alliance to offer enhanced unified communications capabilities that extend voice, video and messaging services to desktop PCs and mobile devices. CounterPath's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions. More than 250 service providers have already deployed Metaswitch's VoIP application server, MetaSphere, together with CounterPath softphones.

Cincinnati Bell has deployed Metaswitch Media Gateways and MetaSphere Call Feature Servers to both streamline and optimize the company's three-state network. By deploying Metaswitch, the company has been able to reduce the cost of tandem switching, optimize traffic routing and improve the overall cost-efficiency of their network infrastructure.