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read moreNew HK-owned telco opens doors
Stan Beer
Wednesday, 22 February 2006 16:33
A new Hong Kong owned telecommunications business, Silk telecom, has opened its doors for business in Australia, taking over the telecoms businesses of Powercor Telecom and ETSA Telecoms.
Silk telecom's new CEO, Simon Perkins, who has held senior management positions with British Telecom and South East Asia's Millicom International, said the launch of the new business entity signalled an exciting new era for the telecommunications industry in Australia.
'The name Silk telecom was chosen for several reasons. Firstly, it reflects the fine, thread-like quality of our core asset - our network of optical fibres,' Mr Perkins said.
'Secondly, it reflects our commitment to delivering strong, smooth and reliable services to our customers.
'And thirdly, it alludes to our Hong Kong parentage. Silk telecom is 100 per cent owned by the global Cheung Kong Group.'
Silk telecom's existing client base includes large universities, state and local government organisations.
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