Having already a well-established network presence in the Asia-Pacific market, Verizon Business (NYSE:VZ) now wants to tap into the potentially lucrative cloud and data center opportunity by building a second data center in Hong Kong.
Located in the iTech Tower in Tsuen Wan, the new 3,000-square-meter data center will include reconfigurable optical add/drop multiplexer (ROADM) technology and provide interconnections with the four main local carriers as well as with Verizon's global network.
One thing that will likely resonate with business users needing Asia-Pacific network capabilities are the options it provides. In addition to a Private IP node that will extend Verizon's metro network footprint for those business customers that want access to Verizon's MPLS offering, Private IP, users can also opt for a public IP node if that better fits their needs.
Targeted at large businesses that have multi-site network needs, Verizon's latest network investment is one piece of a $16.8 to $17.2 billion spending plan for its global network capabilities. That investment, while likely already in Verizon's 2010 plan, could reflect the fact that the business services market could be making a turnaround as seen in the company's Q1 2010 earnings statement.
- see the release here
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