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Hong Kong February
2, 2000 – PSINet Hong Kong Limited, a subsidiary
of the Internet Super Carrier PSINet Inc., delightedly
announced that it has been awarded both the licences
for local wireless fixed telecommunications network
services (FTNS) and external FTNS using satellites by
the Telecommunications Authority (TA). PSINet Hong Kong
has also been selected by the TA to receive a Letter
of Intent for issuance of a licence for external FTNS
that will use submarine cables to connect PSINet international
network to Hong Kong. The accomplishment further substantiates
PSINet ’ s strategic direction as an Internet Super
Carrier, and speed up the process of developing Hong
Kong into the Asian IT/Telecom hub.
The liberalization of the Hong Kong telecommunications
market has enabled PSINet to operate its own global
facilities and local fixed-line networks using submarine
cable systems, satellite and wireless technologies for
the delivery of broadband Internet access and high-speed
voice and data services directly to businesses and individuals.
“ Integrating with our global and local capabilities,
we are well positioned to help Hong Kong businesses
and individuals to develop internet and eCommerce applications
to enhance their business operations and lifestyles,
” said Mr. William Kwan, President of PSINet Hong Kong.
” “ Our strategy is to become the number 1 or 2 IP-based
integrated communications provider in Hong Kong! ” he
stressed.
Armed with the wireless local FTNS licence, PSINet
’ s schedule of implementation is to provide its own
broadband access to 87% of the target business market
and 75% of the high-usage residential market in Hong
Kong. Its rollout plan comprises three phases, each
lasting twelve months, with the first phase beginning
in Q1 2000.
In Phase 1, PSINet will focus on covering the major
business districts including the Kowloon and the New
Territories, from Tsuen Wan to Kwun Tong, and from Chai
Wan to Central on Hong Kong Island, providing an addressable
market of 195,000 business customers and 1,000,000 residential
customers. The Phase 2 rollout will include coverage
extending to Chek Lap Kok in the west, Fanling in the
north, and Aberdeen, including the Cyberport in the
south. The network expansion for Phase 3 will comprise
traffic-carrying capacity expansion to the system.
“ We are pleased that the TA has granted PSINet a
wireless local FTNS licence that permits us to provide
better service and deliver higher value to the local
market ” Mr. Kwan said.
He further explained “ The enhanced competition will
lead to improvements in the quality of service, bring
innovation and provide more choices and better values
to the customers ” .
PSINet was also granted an external FTNS licence that
permits the company to link its broadband network from
Hong Kong directly with international networks via satellite.
Our satellite will increase PSINet ’ s external telecommunications
capacity by having a T3 equivalent to 45Mbps in 8 months
and an OC3 equivalent to 155Mbps in 32 months. Combining
with our existing and planned infrastructure, our network
design will definitely boost speed, increase reliability
and reduce bottlenecks through international backbone.
Leveraging on PSINet's strength in Internet technologies
and global network infrastructure, the adoption of wireless
technologies and external telecommunications service
enables it to bring more competitive-priced broadband
Internet services and greater international backbone
to the marketplace. Providing innovative services under
widened and effective competition, PSINet, not only
can strengthen its position as an Internet Super Carrier,
but also help Hong Kong to develop as a regional IT
and telecommunications hub.
As part of its strategy to make Hong Kong a network
hub of its Asian operations, PSINet plans to build a
state of the art Facilities Management Center (FMC)
in Hong Kong which will manage not only the network
facilities covered by the new licenses, but also network
infrastructure around the region. "PSINet has now
gained facilities licenses in Japan and Hong Kong",
said Vincent Gebes, Vice President of Networking and
Technology for PSINet Asia Pacific, "and we are
well on our way toward implementing our Internet Super
Carrier strategy in the region ” . This has enabled
us to receive a Letter of Intent from the TA to receive
a licence to terminate a 320-Gigabit per second submarine
cable system connecting Hong Kong and Japan. The new
network infrastructure and Facilities Management Center
will place Hong Kong squarely in the center of that
strategy as a network hub and will provide a further
stepping stone for our expanding business in Asia.
PSINet also plans to complete it's Global Internet
Hosting Center in Hong Kong in the first half of 2000,
making available advanced hosting and application outsourcing
services in the Hong Kong market. In combination with
the new network facililities, the hosting center will
allow Internet content and applications companies a
global platform for their services, built on PSINet's
next generation IP network.
“ By deploying the local and external FTNS licenses
in Hong Kong, we are able to achieve our global vision
being an Internet Super Carrier! ” said Mr. C.H. Kwan,
President of PSINet Asia/Pacific and Senior Vice President
of PSINet Inc.
“ In this century of speedy Internet advancement,
there are plenty of opportunities for us to explore
and to provide excellent communications platform and
solutions for both local residential and business users,
” Mr. Kwan added.
Media Contact:
Priscilla Wat
Phone: 852-2170-7536
Email: mediaenquiry@CPCNet.com
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