CODETEL to Offer Microsoft Applications through iNNERHOST
CODETEL, a subsidiary of Verizon Communications (NYSE:VZ), to offer Customers in the Dominican Republic Access to the Latest Hosted Microsoft applications with iNNERHOST
Miami, FL -- July 9, 2001 - CODETEL, a subsidiary of Verizon Communications and the Dominican Republic's largest telecommunications provider, announced today their partnership with iNNERHOST to provide complex managed hosting and applications services to their customers. As part of the partnership, iNNERHOST will bring the latest Microsoft applications to CODETEL's corporate and enterprise customers, while CODETEL offers the connectivity and access to their expanding customer base of more than a million customers in the Dominican Republic.
The announcement with CODETEL comes just two weeks following announcements with telecommunications giants - The Telefónica Group, a leader in telecommunications in Spanish and Portuguese speaking markets and CanTV.NET, the largest Internet Service Provider in Venezuela.
"Our strategy is to partner with telecommunications carriers who have already developed enduring relationships with their customers," said Luis Navarro, Chairman and Chief Executive Officer of iNNERHOST. "CODETEL brings strong ties to their customers as well as an existing infrastructure, while we provide the upper layer of provisioning and management of software applications."
According to CODETEL, there are more than 200,000 businesses in the Dominican Republic. Approximately 5,000 of these businesses are small and medium-sized companies. Through research conducted in May 2001, the company found there is an increase in demand from their customers for the latest software applications via a hosted subscription model.
"We want to make it easy for our customers to develop their on-line presence, as well as offer them productivity tools to enhance their business operations," said Deisy de Salcedo, Director for Advanced Communications. "We are pleased to partner with iNNERHOST in bringing the latest Microsoft applications to our customers in the Dominican Republic."
CODETEL has been offering hosting services to their customers for more than 5 years. Currently, CODETEL enjoys 90% market share for residential and business lines; more than 50% in the cellular and beeper market and more than 95% market share in offering connectivity and Internet access. The relationship with iNNERHOST will enable CODETEL to offer customers Microsoft's .NET suite of server applications for building, deploying and managing scalable, integrated, web-based solutions and services. iNNERHOST's exclusive relationship with Microsoft puts the company in the enviable position of being able to provide these applications via a hosted model.
Among the applications that will be available July 2001 to CODETEL's customers include the just-released Microsoft Office XP™. Office XP enables collaboration for everyone by revolutionizing the way people work with others on documents. Customers are able to add on such features and functionality as Microsoft Commerce Server 2000™, a comprehensive system for quickly building scalable, personalized business-to-consumer and business-to-business e-commerce solutions and Microsoft Exchange 2000 Server™ - a highly reliable, scalable, and easy to manage messaging and collaboration infrastructure.
iNNERHOST is a leading provider of complex managed hosting and application services for the Americas. As a provider of robust Microsoft-based solutions, iNNERHOST acts as a single point of engagement for its customers, providing the engine for building, operating and maintaining the infrastructure required to run and support crucial applications. iNNERHOST's customers and partners include giants as Telefónica, Codetel, CanTV.Net, Banco Santander and Discovery Channel. For more information, visit our website at www.innerhost.com.
Codetel, a subsidiary of Verizon Communications*, is the leader in the Dominican Republic for providing a wide spectrum of telecommunications services for voice and data delivery services. In 2000, the company's earnings totaled more than $700 million dollars. The company invests upwards of $200 million annually to improve to the country's telecommunications infrastructure. Codetel is considered an exemplary corporate citizen by the community and continuously demonstrates its commitment to the country through projects such as Virtual Classrooms for Education (Aulas Virtuales para la Enseñanza). For more information, visit our website at www.codetel.com.do.
Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 112 million access line equivalents and 27 million wireless customers. Verizon is also the largest directory publisher in the world. A Fortune 10 company with approximately 260,000 employees and more than $65 billion in annual revenues, Verizon's global presence extends to 40 countries in the Americas, Europe, Asia and the Pacific. For more information on Verizon, visit www.verizon.com.