Trade Wings Celebrates 15 Years of Innovation and Leadership within Global Telecom Market
PORTSMOUTH, NH -- August 18, 2011 -- Trade Wings today marked a significant corporate milestone, celebrating its fifteenth anniversary. During a sustained period of unprecedented transformation within the global telecommunications industry, Trade Wings has emerged at the forefront of the delivery of software-enabled services for the creation of profitable Reuse Markets.
The rate with which telecom networks are evolving has placed carriers and equipment manufacturers under intense scrutiny to maximize the revenue potential of high-value network assets such as base stations, antennas, core switches and microwave backhaul.Since broadening the company’s strategic focus in 2007, Trade Wings has capitalized on its ‘first-mover’ advantage to develop innovative solutions which enable telecom executives to optimize asset reuse, resale and recycling decisions for maximum financial and environmental gain.
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| Trade Wings' five- and ten-year employees (L-R), Jim Merecki, Maynard Littlefield, Tom Ligocki, Tiffany Works, Jeff O'Kane, Scott Wessling, and Michael Johnson. |
“The telecom market looks much different today than it did in 1996, evolving in ways that few could have imagined,” said Todd Adelman, Founder and CEO of Trade Wings. “As our clients began to face more complex asset management-related challenges, we aggressively moved to apply our expertise and solution capabilities in an exciting new direction with tremendous success as we forge valuable relationships with the world’s largest telecom organizations.”
"There is perhaps no greater factor in our success than Trade Wings’ talented and dedicated staff. When I look across every facet of our business I see significant growth, and that is a direct result of our employees’ commitment to helping this company achieve its strategic objectives,” added Adelman.
Trade Wings’ business model, vision and ability to sustain growth have been repeatedly recognized by leading industry analysts, government organizations and business publications. At the core of company’s unique approach is a self-service Reuse Cloud®, Re:source Visibility, which enables users to quickly assess whether network assets, such as those decommissioned during upgrades and acquisitions, can be reused in existing networks to reduce mounting equipment and repair costs, resold to generate revenue, or recycled locally to recoup precious metal value and limit transportation and warehousing-related emissions.
“While reaching a milestone of this nature is certainly satisfying and worthy of celebration, we are committed to driving our business forward,” said Adelman. “The frequency of network upgrade cycles will increase in the future, further testing investment recovery strategies for excess material. Through enhancements to our platform and expanded global presence, we believe we are well-positioned to capitalize on opportunities that lie ahead.”
Conducting business in 60 countries, Trade Wings’ client roster includes 15 of the top 25 global telecom organizations. This privately-held company, which operates offices in North America, Western Europe and Asia-Pacific, reported a 36 percent increase in revenues on a year-over-year basis during the first-half of its 2011 fiscal year.
About Trade Wings
