Boston, MA 10/16/2014 (wallstreetpr) – According to reports, Ubiquiti Networks Inc (NASDAQ:UBNT) has entered into a distribution agreement with ECS. The announcement was made by the company itself. Main objective behind this distribution agreement is but the increment in the network of the company. UBNT wants to use the endless distribution network of ECS, which is known as one of the leading technology distributors of the world. It has over 24,500 active channel partners in various countries like China, Philippines and Malaysia.
Insights of the agreement:
Ubiquiti Networks Inc (NASDAQ:UBNT) offers the world-class broadband service experience and enterprise solutions to numerous clients across the globe. It has done pretty well in almost all parts of the world. Now, UBNT is eying Asian market, which is filled with endless opportunities and huge customer base. In order to expand its operations in the country, it needs a distribution company that has a good network in Asian subcontinent.
ECS has a bigger than anyone else network of channel partners in Asian countries. Through this distribution agreement, it wants to offer world-class enterprise solutions and industry-defining broadband service to all the customers. ECS wants to provide a second to none alternative of fixed line connection to its users through this distribution network.
According to Jian Hui Ma, Vice General Manager of ECS, Ubiquiti Networks Inc (NASDAQ:UBNT) is an intuitive, comprehensive, disruptively priced proposition for all the enterprise as well as broadband customers. ESC is extremely delighted to offer Ubiquiti Networks Inc (NASDAQ:UBNT)’s services to its customers across various Asian countries. ESC will start the marketing, supporting and selling services for UBNT’s services and solutions with immediate effect in order to make most out of current market opportunities. It has a huge client base in key markets like healthcare, education and other similar markets, where UBNT’s services can be used effectively. ECS will look forward to using the depth of its network for expanding Ubiquiti Networks Inc (NASDAQ:UBNT)’s customer base.
