iBEAM Will Use Teleglobe's Internet Backbone
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This agreement will give Internet users in over 100 countries improved access to CD quality audio and broadcast quality video content from iBEAM.
"Our recent experience with successful broadcast events such as Woodstock '99 and the MTV Music Video Awards have reinforced our view that global reach and proven reliability are essential ingredients in serving the expanding audience for streaming media," said Peter Desnoes, president and CEO of iBEAM Broadcasting.
"Teleglobe's ability to reach over 100 countries with their global Internet backbone network, plus their extensive experience in global communications and control over 15% of the world's Internet routes, makes them an excellent partner for iBEAM in delivering high quality audio and video content around the world."
GlobeSystem will increase Teleglobe's currently installed network capacity by an estimated 200-fold, and provides customers with direct network access from 160 major cities worldwide.
"The value of our global Internet backbone network is clearly strengthened by our agreement with iBEAM," said John Cahill, president, Teleglobe USA, Inc.
"Not only do Internet users in over 100 countries now have access to iBEAM's top rung broadcasts, Teleglobe's ISP partners can now offer their customers a new source of high performance content due to the direct `one-hop' placement of iBEAM's servers on our network. We also see a good deal of synergy with iBEAM in our shared philosophy that satellite technology will play an ever-increasing role in the delivery of Internet services."