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Arbinet Increases Presence in Latin America



2009-03-16

Establishes Central American Office and Hires Industry Veteran Juan Carlos Abascal

SAO PAULO, Brazil and NEW BRUNSWICK, N.J., March 16 /PRNewswire-FirstCall/ — Arbinet, Inc. [Nasdaq: ARBX], a leading provider of international voice and innovative IP solutions, today announces at Capacity LATAM 2009, a Latin American wholesale telecommunications congress, that the company has increased its presence in the Latin American marketplace by opening a sales and business development office in Guatemala City.

The opening of a Central American sales and business development office is a direct reflection of the importance that Arbinet places on the continued development of relationships with carriers and service providers in the region. In recent years, Latin America experienced the fastest growth in incoming traffic of any region globally, averaging a compound annual rate of growth of 25% from 2002-2007.(1)

To support its new market presence, Arbinet has hired Juan Carlos Abascal, as Director, Central America Sales. Juan Carlos has extensive sales, business development and operational experience in the region and will be responsible for building Arbinet’s international voice business with incumbent and emerging carriers, mobile operators and Internet Service Providers across Central America. "I am excited to join the Arbinet team and to be representing this innovative company in Latin America," states Mr. Abascal. "Central America is experiencing significant growth in voice and IP traffic as the region’s infrastructure continues to develop at a rapid pace."

"We are very pleased to add a proven leader like Juan Carlos Abascal to the Arbinet team," said Dan Powdermaker, Senior Vice President of Sales and Marketing for Arbinet. The addition of Juan Carlos, combined with our new market presence in Central America, reflect our commitment to form closer relationships with our customers and suppliers. The expansion supports our core business objective of growing Arbinet’s voice business by offering flexible and innovative ways to support customer and supplier needs."

About Arbinet

Arbinet is a leading provider of international voice and IP solutions to carriers and service providers globally. With more than 1100 carriers across the world utilizing the Arbinet Network, Arbinet combines global scale with sophisticated platform intelligence, call routing and industry leading credit management and settlement capabilities. Customers and suppliers include many leading fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and content providers around the world who buy and sell voice and IP telecommunications capacity and content. The company can be reached at its corporate headquarters in New Brunswick, NJ at +1.732.509.9100 or by email at [email protected].

Forward Looking Statement

This press release may contain forward-looking statements regarding anticipated future revenues, growth, capital expenditures, management’s future expansion plans, expected product and service developments or enhancements, discussions of strategy, and future operating results. Various risks and uncertainties may cause Arbinet’s actual results to differ materially. Please refer to Part I, Item 1A of the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 17, 2008, and other filings that have been filed with the Securities and Exchange Commission. Arbinet assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise and such statements are current only as of the date they are made.

(1) Telegeography, 2009.

www.arbinet.com

 

 

 


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