This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Mitel And Sprint To Deliver Cloud Solutions For Resellers Serving U.S. Small- And Mid-Sized Businesses

ORLANDO, Fla., March 19, 2013 (GLOBE NEWSWIRE) -- Sprint Emerging Solutions & Global Wholesale and Mitel® (Nasdaq:MITL) (TSX:MNW), a leading provider of cloud and premises-based unified communications and collaboration (UCC) solutions, today announced that they have entered into a wholesale agreement to enable resellers of the fast-growing cloud services market for small- and mid-sized businesses (SMBs) in the U.S. Building on an existing relationship, the new agreement will enable Mitel and Sprint Emerging Solutions & Global Wholesale to extend their addressable markets and fully capitalize on the rapid adoption of cloud services worldwide, a market which is predicted to reach $52 billion this year. 1

As part of the agreement, the Mitel hosted PBX cloud communications service will be included in Sprint's Wholesale Cloud Services, helping Sprint's SMB-focused resellers launch quickly and cost-efficiently in the cloud services marketplace. As a result, Sprint's wholesale customers will be able to market services such as hosted voice, unified communications, email, web collaboration, archiving and web commerce on a secure, high-performance, cloud-based infrastructure – without the cost and complexity of building an IT environment.  

In addition, Mitel will now be able to market Sprint's Wholesale Cloud Services portfolio directly to its SMB customers nationwide, providing a comprehensive, cost-efficient and proven suite of services for its U.S. business customers. Sprint's Wholesale Cloud Services portfolio offers a full range of SaaS and CaaS cloud services consisting of trusted brand name offerings to help Sprint Wholesale partners launch more quickly and with less capital outlay than if they were to procure the services themselves.

"Organizations worldwide are turning to cloud services that support their business requirements in a timely and cost-efficient manner," said Matt Carter, president, Sprint Emerging Solutions & Global Wholesale. "This agreement with Mitel augments our Wholesale Cloud Services offer with the industry's leading unified communications solution. This ensures we continue to enable our resellers with easy-to-use, affordable and high-performance cloud solutions that they can quickly take to market without the expense and hassle of having to create their own services."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,193.60 -20.82 -0.11%
S&P 500 2,111.53 +0.79 0.04%
NASDAQ 4,982.6690 -5.2210 -0.10%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs