HGC Attracts Customers in Greater Mekong Subregion and Doubles Voice Traffic in Europe, the Middle East and Africa

Tuesday, July 05, 2011 8:12 AM

HONG KONG, Jul. 5, 2011 (PR Newswire Europe) -- v>

/PRNewswire/ --

Hutchison Global Communications Limited (HGC or the Company), the fixed-line operating division of Hutchison Telecommunications Hong Kong Holdings Limited (SEHK: 215), has extended network reach to the Greater Mekong Subregion (GMS) and established an enhanced presence in Europe, the Middle East and Africa (EMEA). HGC's customer base in the GMS has increased in size, while the volume of the Company's voice traffic from EMEA doubled in the first quarter of 2011 compared with the same period last year.

Widening our spectrum of customers in the GMS

HGC's fully-fledged network and data services were extended to the GMS in January 2010 and now serve the Subregion's carriers, as well as overseas carriers and enterprises, with extensive and highly-resilient connectivity that links five GMS member countries -- Vietnam, Thailand, Laos, Cambodia and Myanmar.

The GMS network offers full diversity via at least two routes between each GMS network connection point and other destinations. It deploys both submarine and terrestrial cables on multiple physical paths. These are connected to HGC's core global network to provide diverse routes from the GMS to Asia, Europe and the US, as well as to facilitate interconnections throughout Subregion nations.

HGC's spectrum of business customers in the GMS has widened, mainly as a result of the Company's ability to meet the upwardly-surging needs of corporate customers seeking to benefit from the Subregion's rapid economic growth. These include multinational corporations such as manufacturing giants, banking and financial institutions, telecoms operators, news agencies, as well as small and medium enterprises.

Provided Myanmar's first IP-VPN service

Andrew Kwok, HGC's Senior Vice President of International Business, said: "As the first overseas network operator to provide intra-GMS connectivity - characterised by the provision of one-stop-shop solutions, total network diversity and stringent service level agreements, together with connection between the Subregion and rest of the world - we not only enjoy first-mover advantage, but also a higher profit margin as telecoms solutions delivered in unserved and underserved new markets fetch a higher premium compared with those in developed markets."

HGC ventured into the GMS in 2004, with the design and project management of the world's first terrestrial cable connectivity between Vietnam and Hong Kong via mainland China, before proceeding to provide Myanmar's first IP-VPN service in 2008. Network reach has since been extended to other parts of the Subregion.


Follow iStockAnalyst on Twitter Follow iStockAnalyst on Twitter
Subscribe to Email Alerts

Comments Closed


  
Advertisement
Related Press Releases
Popular Articles
Advertisement
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.