December 25, 2014 12:27 AM ET

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Company Overview of Pacnet Services Corporation Ltd.

Company Overview

Pacnet Services Corporation Ltd. was formerly known as Asia Netcom Corporation Ltd. The company was founded in 2003 and is based in Hong Kong. Pacnet Services Corporation Ltd. operates as a subsidiary of Pacnet Limited.

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Hong Kong

Founded in 2003

Key Executives for Pacnet Services Corporation Ltd.

Chief Executive Officer
Age: 60
Chief Financial Officer
Managing Director of India
President of Managed Services
President of Global Markets
Age: 57
Compensation as of Fiscal Year 2014.

Pacnet Services Corporation Ltd. Key Developments

Pacnet Launches Network-as-a-Service in Beta

Pacnet has launched its "Pacent Enabled Network (PEN)" in beta. The Network-as-a-Service (NaaS) platform uses software-defined-networking (SDN) to deliver flexible and scalable bandwidth configurable by enterprise customers. The platform uses OpenFlow, an open-source technology, for high-performance network management, and has a flexible pricing model. The full launch of the service is expected in the first quarter of 2014.

Pacnet Becomes an Intelisys Supplier Partner

Pacnet announced that it has entered into an agreement with Intelisys to join its Supplier Partner program. The new agreement will allow Intelisys sub-agents to sell Pacnet’s Data Center, MPLS, Ethernet Private Line, IP Transit, Dedicated Internet Access, and Content Delivery Network services throughout the Asia Pacific region including China, Australia, and India. Pacnet operates the region’s most extensive submarine cable network and it is connected to data centers located in most of Asia’s markets including its CloudSpace facilities in Hong Kong, Singapore, Australia, and China.

Pacnet to Provide 100G Wave Services Between Asia-Pacific and the United States

Pacnet announced the successful deployment of an optical mesh network with 100 Gigabits per second (Gbps) technology between Asia and the United States on its EAC Pacific fiber optic cable system integrated with Optical Transport Network (OTN) switching over its Asia-Pacific region's high-capacity submarine cable systems. The company can now offer its Carrier and Enterprise customers 10Gbps, 40Gbps and 100Gbps services between Asia-Pacific and the U.S. It's 100G network upgrade is a significant move to address the increasingly growing demand for bandwidth throughout the Asia-Pacific region and all over the world. In 2017, global IP traffic is expected to reach 1.4 Zettabytes per year, or 120.6 Exabytes per month, growing at a compound annual growth rate (CAGR) of 23% from 2012 to 2017. IP traffic in Asia-Pacific will reach 43.4 Exabytes per month by 2017, at a CAGR of 26%. The new backbone integrates subsea fiber infrastructure and terrestrial backhaul links supporting pure packet technology and OTN switching in the optical core, enhancing Pacnet's capability to offer customers a seamless set of network services between its inventory of interconnected data centers located in 14 cities across Asia-Pacific. The upgrade supports both Ethernet and OTN interfaces at a location, allows flexible selection of whether to multiplex, scale up and down, amplify, groom, optically express, or switch individual data streams. Customers can enjoy improved quality of service without increasing the cost of ownership.

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