Pacnet growth in China business and data centre services

When telecommunications carrier Pacnet unveiled a restructuring plan in October last year, its strategy was clear: put more resources to build operations on the mainland and establish data centres.

Pacnet is betting on a sharpened focus in the world's second-largest economy to help drive business expansion while developing advanced services for large enterprises and its traditional customers - telecommunications network operators and service providers.

It marks a fresh start for the privately held company, which has headquarters in Hong Kong and Singapore, after state-owned carrier Telekomunikasi Indonesia cancelled plans to buy the firm for US$1 billion in June last year.

Pacnet, which has struggled to compete against larger telecommunications players in Asia, has set up a dedicated managed services unit tasked with delivering a competitive product portfolio.

Jim Fagan, the president of managed services at Pacnet, told the South China Morning Post: "We're very much focused on growing our mainland China business.

"We think our capability to give multinational companies the same experience in terms of data centre services and telecommunications connectivity on the mainland, as they would have in Hong Kong, Singapore or Sydney, provides a massive difference for their businesses. It also gives us a huge advantage in the marketplace."