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."