The latest expansion of the Colt IQ Network will meet rising demand for bandwidth and on-demand services and network flexibility from Hong Kong-based companies in the financial sector, as well as businesses with high-bandwidth requirements linked to the Internet of Things (IoT), fintech and Big Data.
The expansion of the network to Hong Kong is part of the ongoing investment project being undertaken by Colt in Asia, which includes similar projects in Japan and Singapore. The Hong Kong expansion, comprising both Fibre-Optic and Ethernet architecture, will provide connectivity to approximately 80% of Hong Kong's commercial buildings, including full commercial coverage in the Hong Kong Island, East Kowloon and West Kowloon CBDs.
"Many companies are looking to transform their digital infrastructure in the face of growing demand for bandwidth and connectivity requirements", said Colt's Asia CCO and Regional Executive Kenji Hioki. "Colt's high-bandwidth services are designed to meet the ever-growing demand from enterprises for fast, secure and reliable direct connectivity to markets around the world. The launch in Hong Kong enables the region's businesses to power their competitiveness and growth while future-proofing their connectivity needs."