Colt to Invest Significant Capital in Asia with Series of Metro Area Network Initiatives
January 11 2017 - 7:00PM
JCN Newswire (English)
Major investment to deliver digital transformation to fast-growing
sectors across Asia, including finance, manufacturing and Internet
of Things
Singapore, Hong Kong and Tokyo, Jan 12, 2017 - (ACN Newswire) -
Colt, the global high bandwidth network provider, announced today
it will expand and enhance the Colt IQ Network(TM) in Singapore and
Hong Kong in 2017 as part of its plans to invest significantly into
Asia over the next three years. In Singapore, these investments
will revolve around a series of initiatives that include a
large-scale expansion of existing coverage, provisioning of
high-bandwidth capacity, and new digging projects for Colt's
next-generation fibre.
The Colt network expansion, comprising both Optical and Ethernet
architecture, will provide high-bandwidth services to major
buildings and data centres across Asia. The investment underlines
the growing bandwidth demands of global organisations, particularly
in digital, data-intensive industries.
With this expansion, Colt is challenging the market status quo and
is the only provider which will have fully-owned fibre metro
networks in key Asian cities (including Tokyo, Osaka and Singapore)
and major European cities. Colt's Singapore-based initiatives are
set to begin in April, with Hong Kong and other Asian cities to
follow in 2017 and beyond. This continues a pattern of heightened
activity in Asia from Colt in recent months. The company launched
the Colt IP Access Service, expanded etherXEN for AWS connectivity,
and introduced Colt E-LAN Services for the Singaporean market in
the second half of 2016.
Colt will also augment these investments by adding key submarine
cable routes to its backbone and increasing core resiliency,
further boosting the reliability of its intelligent network. It
will also support the specific requirements of key sectors like
capital markets, manufacturing, and the growing bandwidth
requirements linked to the Internet of Things and smart cities.
Further to supplying high-bandwidth metro connectivity, Colt will
link businesses in Singapore and Hong Kong directly to hundreds of
international cities, including Busan, Tokyo, Sydney, Chicago, New
York, London, Frankfurt and Paris via its own intelligent global
network. The Colt IQ Network is a 100Gbps optimised network
distributed to 200+ data centres and carrier hotels around the
world providing best in class service and optimised for SDN, NFV
and cloud services.
"Last year, Colt demonstrated its commitment to delivering
high-bandwidth digital transformation to businesses in Asia that
are global yet need local attention, through initiatives including
the construction of the Japan National Network," said Kenji Hioki,
CCO Asia at Colt Technology Services. "Today, we continue to build
on that investment with our Singapore and Hong Kong expansions,
which are designed to deliver the advantages of speed, security,
and reliability to businesses looking to connect to markets in Asia
and beyond."
Colt will be demonstrating its high bandwidth solutions at PTC'17
in the company's meeting room at Hilton Hawaiian Village, Tapa
Tower, Room #1530 in Honolulu, Hawaii, 15-18 January 2017.
About Colt
Colt provides high bandwidth services for enterprises and wholesale
customers in Europe, Asia and North America's largest business
hubs. Colt enables the digital transformation of businesses through
its intelligent, purpose-built, cloud-integrated network, known as
the Colt IQ Network. It connects over 700 data centres around the
globe, with over 24,500 on-net buildings and growing. Colt is also
recognised as an innovator and pioneer in software defined networks
(SDN) and network function virtualisation (NFV).
Colt has built its reputation on putting its customers first, with
a focus on delivering true local presence and agility for
enterprises that are global yet need local attention. Customers
include data intensive organisations spanning over 200 connected
cities in nearly 30 countries. Colt counts 19 of the top 25 global
telecoms companies and 18 out of the top 25 global media companies
(Forbes 2000 list, 2016) amongst its customers. In addition, Colt
works with over 50 exchange venues and 13 European central banks.
Owned by Fidelity Investments, Colt is one of the most financially
sound companies in its industry, providing the best customer
experience at a competitive price. For more information, please
visit www.colt.net.
Press contacts
Chen Liang / Akemi Fujita
Public Relations
Colt Technology Services Co., Ltd.
Email: asia-press@colt.net
Phone: +81 3 4560 4480
Matthew Schultz
Think Alliance Group for Colt
Phone: +852 3978 5321
Email: matt.schultz@think-alliance.com
Source: Colt
Copyright 2017 ACN Newswire . All rights reserved.
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