PCCW Global, the international operating division of HKT has entered into a long-term collaboration agreement with Keppel Data Centres to co-develop and market an international carrier exchange in Hong Kong. The collaboration leverages PCCW Global’s extensive global network connectivity and marks the expansion of Keppel T&T’s data center footprint to Hong Kong.
The international carrier exchange will feature 1,000 square meters of high quality telecommunications center space upon its expected completion in the fourth quarter of 2016. The international carrier exchange is situated in the same building as the Hong Kong Point of Presence (PoP) for the new Asia-Africa-Europe-1 (AAE-1) submarine cable which employs 100Gbps technology, with a capacity of more than 40 terabits to provide customers with low-latency, direct connectivity around the world.
Hong Kong is home to a strategic data center market that acts as a springboard to mainland China for multinational corporations because of its proximity and mature legal system. According to the independent Structure Research consultancy, the territory’s data center market was valued at HK$4.8 billion in 2015 and is expected to grow at a compound annual growth rate of 18% to reach HK$10.8 billion by 2020.
Marc Halbfinger, Chief Executive Officer of PCCW Global
We are pleased to be playing a role in extending Keppel’s facility footprint to Hong Kong, which will reinforce the city’s reputation as one of Asia’s leading technology hubs. Indeed, Keppel T&T has been running high quality facilities supporting mission-critical operations for more than 10 years.
Thomas Pang, Chief Executive Officer of Keppel T&T
We are happy to partner with PCCW Global for our first investment into the Hong Kong colocation market, which benefits from the city’s status as a key telecommunications and financial hub, as well as its connectivity to other hubs in Singapore, Amsterdam, London, and Sydney.
