the winner of Games of WAN

A Highly standardized, simple, scalable, secure (multi)point to (multi)point connection technology dethroning TDM, Frame Relay and ATM based connectivity services in enterprise WANs.

If leased line is the bitcoin of the connectivity services, carrier ethernet is the ethereum of them and here is why

Easy Implementation

Very easy to implement, no need for complex devices, just an ethernet switch

Various Service Types

EPL, EVPL, EP-LAN, EVP-LAN, EP-Tree, EVP-Tree

Cost Effective

Ability to select the exact bandwidth required

SDN and NFV Ready

Supports next generation software defined network and network function virtualization

Scalable

You can scale your bandwidth however you prefer with no technician required on-site

Standardized

The service is standardized by MEF so irrespective of the overlay carrier, the service is the same

Source: CIENA

Carrier Ethernet Services can be viewed as the fuel for the digital economy. The key drivers for the growth of Carrier Ethernet Services are: Expanded service coverage, Bandwidth demand, Extraordinary performance/price advantages, Accelerated service rollout, TDM to CE transition

Metro Ethernet Forum - MEF