The new five-year agreement will allow Verizon to work with RWE IT GmbH to provide a fully managed, end-to-end global communications service, including managed wide area network, local area network, Internet, voice and security solutions. The agreement will initially cover RWE Supply & Trading GmbH, RWE’s energy trading house, and the RWE Group’s commodities trading hub. The Verizon solution will provide the company with the infrastructure it needs, with stringent service-level agreements supporting network performance and secure connectivity between its global trading floors.
“Verizon has long been a proponent of the power of technology to change business models and deliver business results,” said Martin Burvill, Verizon’s EMEA group vice president. “This new relationship is a great match at every level, but is primarily about delivering a common technology platform to support the global business vision of the RWE Group. RWE recognizes the strengths the Verizon team can bring to their business. We look forward to being part of the RWE team that delivers the next phase of the company’s business success.”