euNetworks To Benefit From Rising European Data Traffic In 2011March 2011 | Company Finance Alert
euNetworks Group, the fast-growing European bandwidth infrastructure provider, posted strong quarterly and annual financial and operating results for the period ended December 31 2010. This is despite what it called 'challenging macroeconomic conditions' and the reluctance of many European enterprises to transition early to Gigabit Ethernet platforms. Nevertheless, the company still expects good growth opportunities as businesses with bandwidth-intensive operations are increasingly likely to leverage its extensive network in an environment moving towards a cloud-based system.
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