"The next decade is all about Asia, and Pacnet is poised to be a unique 'pure play' provider focused on delivering solid communication solutions within Asia and into the region from anywhere in the world," said Bill Barney, CEO at Pacnet. "We are pleased to be one of the region's premier providers of broadband. We have unique assets that are not easily replicable."
Pacnet's EAC-C2C submarine cable network spans 36,800km, connecting Singapore, China, the Philippines, Korea and Japan. While it has a potential capacity of up to 10.24 Tbps, only 240 Gbps is currently lit. Company officials estimate the network's replacement value at $US4 billion, analysts have assessed the true value of the EAC-C2C network at close to $US10.3 billion. (So if you've got a lazy few billion in the bank...)
The network is being upgraded for increased efficiency and reliability, and there are plans for a new Trans-Pacific cable.
RECRUITMENT & RETENTION REPORT 2013HIRE OR FIRE? BUY OR BUILD
2013 is well underway and Australian companies need to know whether they should invest in IT skills training or pay a premium for the people they need.
If you want to know which choices are being made in your sector, what skills are hard to find, which sectors intend to hire or fire and where the IT spend is going, this free report is must have.
Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences, a PhD in Industrial and Business Studies, and is a senior member of the Australian Computer Society.