Displaying items by tag: PCCW

Lenovo PCCW, a new company formed under the partnership between Lenovo and Hong Kong telecommunications company PCCW, commenced its operations last Monday, 15 August.

US-based Vantage Data Centres, which focuses on multinational corporations like Microsoft and Cisco, is building a campus in Melbourne with three data centres that will total about 270,000 square feet (25,083 square metres) when complete, the company says.

ASX-listed data centre operator NextDC has achieved an increase in revenue of 85% to $60.9 million for the full year to the end of June on the back of strong sales growth over the 12 months.

Telstra will sell CSL, its Hong Kong mobile phone company, to HKT Limited for US$2.425 billion.

Telstra is ramping up its Asian presence. It has secured licences in Singapore and Japan that allow it to own network infrastructure and serve customers directly over this infrastructure, just months after obtaining telco licences in India.

Ten years almost to the day since they announced its formation, Telstra and Hong Kong telco, PCCW have announced an agreement to restructure the assets in their 50/50 joint venture, Reach, that will see the JV left with only some Hong Kong based assets. The deal has been reported as netting Telstra a gain of $150m but Telstra has loaned Reach $182m interest free which it has no expectation of recovering.

Reduced levels of customer churn, revenue and subscriber growth have emerged as major benefits to telecommunications companies from the bundling of services, with a prediction that single-service offerings may soon be a thing of the past.