NEW YORK and SUNNYVALE, Calif., June 12, 2012 /PRNewswire/ -- Verizon plans to deploy the Juniper Networks ® PTX Series in major markets in the U.S. and Europe by the end of this year, giving the company the densest multiprotocol label switching platform available in the industry, with an initial capacity of eight terabits per second. The initiative is another step in Verizon's network evolution to deliver higher speeds, improved latency, increased capacity and enhanced performance to its customers. This deployment provides an upgrade of the Verizon global IP backbone to 100G Ethernet, supporting customer access speeds of 10G and above and enabling growth for FiOS, wireless and cloud services. "In a world where customer needs and speeds are steadily increasing, Verizon will be able to improve the scalability and efficiency of its core MPLS network by employing the industry-leading switch density of the Juniper Networks PTX," said Ihab Tarazi, vice president of global IP and transport planning and technology for Verizon. "The PTX provides significant packet processing power, system scale and reduced power consumption – all of which will help Verizon meet its future needs." Built for high capacity, the Juniper Networks PTX Series provides up to 16 terabits per second of capacity in a single chassis as well as industry-leading density in 10G (gigabit), 40G and 100G Ethernet interfaces. Verizon will initially deploy the PTX5000, which delivers eight terabits per second of capacity, with plans to eventually move toward higher terabit capacity. "Verizon's reputation as a pioneer in advanced communications and entertainment services was clearly demonstrated in 2010 when the company became the first service provider to commercially deploy 100G Ethernet," said Stefan Dyckerhoff, executive vice president and general manager for Juniper Networks Platform Systems Division. "Today, Verizon makes another landmark decision by selecting the PTX Series, the industry's first converged packet transport switch, to advance its network core and provide future-ready scalability while dramatically simplifying its infrastructure overhead. "The PTX Series will not only help enable Verizon to provide to its customers additional service options and a superior user experience, but it will also ultimately improve network performance and efficiency," Dyckerhoff said.