Telstra is set to take advantage of China's booming economy via the network integration of Telstra and Pacnet Business Solutions China.
Pacnet Business Solutions China, a foreign-invested joint-stock company, was the first foreign company licensed to provide IP-VPN services and network services in China.
Its footprint extends to 23 provinces across the mainland including Tianjin, Chongqing, Shenzhen, Beijing and Shanghai.
Telstra director of marketing, products and pricing, international, Jim Clarke, said Telstra’s network reach and datacentre capabilities had greatly increased through the company’s acquisition of Pacnet Limited in April 2015.
This includes the addition of the largest privately owned intra-Asia cable network, advanced software defined networking solutions and this new and expanded connectivity footprint in China.
“With a population of 1.3 billion, China recently became the second largest economy and is increasingly playing an important and influential role in the global economy, driven by GDP growth averaging approximately 10 percent a year," he said.
"As a result, we’re seeing demand for data connectivity grow exponentially as an increasing number of Asia-Pacific, European and American headquartered businesses look here for short and long-term business opportunities.
Clarke said PBS had witnessed first-hand the dramatic demand for ICT and datacentre services from both local enterprises and multinational corporations operating in China.
"We believe they have a unique and exciting combination of assets that will enable us to offer a truly-differentiated solution to our customers," he said.
"We look forward to leveraging their deep network footprint, to extend our service coverage on the mainland and provide customers the same security, redundancy and quality of service offered on the Telstra network.
PBS product and marketing director, Tracy Jin, said the company was the first sino-foreign telecommunications joint venture to have been awarded licenses by China’s Ministry of Industry and Information Technology (MIIT) and, since 2008, had consistently broadened the reach of its connectivity solutions around the country as corporations expand their businesses across China.
“Off the back of China’s ongoing robust growth, we continue to make significant investments in our infrastructure and believe the ongoing expansion of our network capabilities cements our role as a premier gateway into Asia’s largest market, and the fastest growing telecommunications and e-commerce markets globally," she said.
“Telstra and PBS are aligned and committed to supply customers with robust connectivity services, not only into the larger provincial centres, but also within the more challenging locations which multinational enterprises are present.
"We’re looking forward to working together to deliver services, driving customers’ business success across the mainland,” Ms Jin said.