Infonet Services, provider of global communications solutions for multinationals, has launched a wholly-owned subsidiary, Infonet Singapore Pte Ltd. Infonet established this subsidiary to strengthen its commitment to support existing clients in Singapore, while providing all multinationals in the region with better access to Infonet's integrated global communications solutions. Multinationals requiring managed global network connectivity now have the option to utilize Infonet Singapore as a single-source partner for everything from Managed Access (Remote, Satellite); Intranet (IP, Frame Relay, ATM) and Broadband (Multimedia); to Internet (Transit, IVPNs); and Application Services (Call Center, Messaging).
Infonet has been operating in Singapore for more than 20 years through its partner SingTel, and the country has served as Infonet's Asia-Pacific headquarters since June 2000. Clients who utilize Infonet's services in the region include Creative Technology, Nestlé and Volkswagen.
"Singapore is home to 6,000 multinationals and is one of the most advanced telecom markets in the world. As such we recognize these multinationals' distinct need for 'best in class' global data communications," said José A. Collazo, Chairman, President and CEO of Infonet. "Infonet maintains a strong position competitively and financially, and as such, we are constantly looking for opportunities, such as this and our recent opening of Infonet India, to extend our commitment to quality, value, and unparalleled client support into fast growing regions around the world."
Infonet expects significant demand for its IP VPN services in Singapore, including IP VPN Secure, Infonet's flagship IP capability, which utilizes multi-protocol label switching (MPLS) to offer classes of service for enterprise applications. Infonet was one of the first global communication service providers to offer a worldwide IP VPN service and the company currently owns one of the world's largest Private IP backbones, spanning 67 countries. This experience and infrastructure is vital for Singapore multinationals looking for seamless integration of cost-saving IP technologies into their global network.
"IDC expects revenues from IP VPN services in Singapore to reach U.S. $215 million by the end of 2003, which accounts for a sizeable 16% of total revenues for the Asia-Pacific region (excluding Japan). With 76% of this revenue coming from international connectivity, Singapore represents a real growth market opportunity for IP VPN services in the region for Infonet," said Renee Gamble, Program Manager, IP and Broadband Research, IDC Asia-Pacific. "What's more, with its new Singapore operation, Infonet will be able to capitalize on its strong network presence and long history of servicing clients in the region."
Multinationals in Singapore will also directly benefit from Infonet's unique consultative approach and proprietary Application Defined Networking (ADN) methodology, geared towards optimizing the performance of enterprise applications on the network by aligning technological capabilities with an individual corporation's specific business goals.
"For Singapore multinationals with complex global networking requirements, the establishment of Infonet Singapore will be a welcome move," said Daryl Oo, Infonet Regional Manager, South-East Asia. "In addition to companies being able to rely on the expertise of a provider with more than 33 years of global communications know-how, they also now have access to Infonet's advanced broadband network, which runs over our 900,000 route kilometer the World Network® and is able to deliver a combination of voice, video and data to 70 countries across the globe."
Infonet has been named "Best in Class" (2001, 2002 and 2003) in a report of global service providers (including Equant, C&W, WorldCom & Concert) undertaken by Telemark Consulting, and recently received the Network & Telecom 2002 Annual Enterprise Award reader's choice
