The tie-up with PBS expands Telstra's low-latency network connectivity to China. PBS was the first foreign company licensed to provide IPVPN services in mainland China in 2008, and now has a footprint in 23 provinces across the market.
Telstra completed the $697 million acquisition of PBS' Hong Kong parent Pacnet Limited in April, revealing plans to integrate Pacnet into Telstra and progressively retire the Pacnet brand.
Telstra director of marketing, products and pricing (international) Jim Clarke said the acquisition had greatly increased Telstra's network reach and data center capabilities.
“With a population of 1.3 billion, China recently became the second largest economy and is increasingly playing an important and influential role in the global economy,” he said.
“As a result, we’re seeing demand for data connectivity grow exponentially as an increasing number of Asia-Pacific, European and American headquartered businesses look here for short and long-term business opportunities.”
PBS has witnessed this demand develop first-hand, Clarke said. “We believe they have a unique and exciting combination of assets that will enable us to offer a truly-differentiated solution to our customers.”