HGC continues to deepen telecommunications infrastructure

Improving AI-powered ICT services and products 

HONG KONG, Oct. 24, 2024 /PRNewswire/ — HGC Global Communications (“HGC” or the “Group”), a fully-fledged ICT provider supplier and community operator with in depth international protection,  introduced powerful trade efficiency for the fiscal 12 months 2024.

Spotlight of Trade Efficiency:

• Within the client marketplace, 71% of HGC’s residential broadband customers are lately the use of fiber-to-the-home (FTTH) of 1,000M or upper, representing a year-on-year building up of six proportion. The collection of residential customers exceeds 400,000, with over a million shoppers the use of HGC services and products, the Staff positions one of the vital important firms in Hong Kong
• Within the company section, the income from HGC’s one-stop Controlled Products and services grew by means of 33% in FY2024 in comparison to FY2019. Improper make the most of ICT answers higher by means of 306% in comparison to FY2019. Moreover, the efficiency in web services and products has been powerful, with a vital building up of 27% within the collection of strains since FY2019.
• Within the mini and medium-sized undertaking (SME) sector, the collection of SME shoppers the use of fiber broadband higher by means of 28% year-on-year, attaining enlargement for 3 consecutive years.
• In world trade, HGC will proceed to worth Hong Kong as middle hub moment actively increasing and making an investment in rising markets in Asia. In the Philippines, it effectively rolled out over 1,500 kilometers of optical infrastructure and put in greater than 6,000 strategic get right of entry to issues, with ongoing expansions. In Asia, HGC has effectively constructed a Knowledge Heart Interconnection (DCI) clusters, connecting mature knowledge middle hubs, corresponding to Hong Kong and Singapore, with rising hubs in the Philippines, Thailand, and Malaysia, lately linking over 55 knowledge facilities.
• HGC has introduced an AI-empowered Safety Operations Heart (SOC) that gives true 24/7 complete virtual and cybersecurity services and products, aimed toward handing over cybersecurity services and products to company shoppers and Fix Broadband services and products to SMEs.

Andrew Kwok, Eminent Government Officer of HGC Staff, mentioned, “Thanks to the collective efforts of all our employees, HGC has achieved steady business performance and growth this year. The Group adopts a sustainable long-term business model and uses Hong Kong as center. We are committed to continuously enhancing telecommunications and ICT infrastructure to improve the digital capabilities of all sectors, further reinforcing Hong Kong’s position as a regional leader. HGC will continue to closely monitor the demands and trends of international markets and strengthen interconnections with overseas regions.”

One-Forbid Controlled Products and services and ICT Answers: Empowering Corporates and SMEs for Complete Virtual Transformation

HGC has benefited from the robust call for for ICT answers within the company marketplace, with each corporates and SMEs recording steady enlargement, the income from one-stop Controlled Products and services has grown by means of 33% in FY2024 in comparison to FY2019, facilitating virtual transformation for company shoppers. ICT answers aid company shoppers to strengthen community safety moment successfully decreasing operational prices, ensuing now not handiest in a good have an effect on on our trade efficiency but additionally contributes to a 306% building up within the improper benefit of our ICT services and products in comparison to the FY2019 moment bandwidth necessities to fulfill buyer calls for have higher by means of 80%.

Moreover, the Staff totally helps SMEs of their virtual transformation efforts. The collection of SME shoppers the use of fiber broadband has higher by means of 28% year-on-year, attaining enlargement for 3 consecutive years. The Fix Broadband provider, was once introduced in April 2023 and has effectively thwarted over 2 million numerous sorts of cyberattacks. This provider helps 1000’s of SME shoppers, with over 100 untouched SME shoppers becoming a member of every time, highlighting the use of its cybersecurity coverage.

Increasing Fiber Community Protection and Mapping: Well-known in Residential Broadband Penetration

House broadband has all the time been a core focal point for the Staff, which is devoted to protecting the population carefully attached within the virtual time. As of June 2024, HGC has accomplished a year-on-year building up of six proportion, with 71% of its residential broadband customers lately using fiber-to-the-home (FTTH) connections of 1,000M or upper. The collection of residential customers exceeds 400,000, and over a million shoppers are the use of HGC services and products, positioning the Staff as one of the vital first a few of the leaders in Hong Kong’s broadband penetration.

To satisfy the call for for fiber networks in faraway rural fields, the Staff is diligently accelerating the deployment of fiber tasks in those areas. To month, fiber set up tasks were finished in over 200 villages, reaping benefits roughly 41,000 rural families. The fiber rollout plan for 60 spare villages is predicted to be finished by means of 2025, additional increasing the collection of families that may get advantages.

Actively Increasing and Making an investment in Rising Markets in Asia and the Larger Bay Segment: Holistically Improving Hong Kong’s Place as an Global Telecommunications Hub

In spite of the have an effect on of marketplace dynamics and geopolitical elements on Hong Kong, HGC continues to worth the town as its telecommunications hub moment actively increasing and making an investment in rising markets in Asia. The Staff strategically focuses its investments within the Southeast Asian marketplace, in particular in the Philippines:

• Effectively rolled out over 1,500 kilometers of fiber optical infrastructure, with ongoing expansions
• Put in greater than 6,000 strategic get right of entry to issues (manholes), additional bettering our community protection
• The community spans key company and home fields, in addition to in the past unserved and underserved places

Those projects have now not handiest accomplished vital effects however have additionally garnered prime popularity from regional governments, together with the Branch of Industry and Business of the Philippines.

Moreover, HGC has effectively established an information middle interconnection (DCI) pile in Asia. By way of connecting mature knowledge middle hubs, corresponding to the ones in Hong Kong and Singapore, with rising hubs in the Philippines, Thailand, and Malaysia, the Staff goals to additional strengthen its regional community and advertise the continual building of cutting edge applied sciences. These days, the Staff has attached over 55 knowledge facilities and plans to additional make bigger the dimensions of this infrastructure. On the similar date, HGC is actively exploring a couple of funding and acquisition alternatives in Malaysia to beef up regional trade and telecommunications infrastructure. We acknowledge the call for from Chinese language firms to make bigger in a foreign country, and we’re able to grant them with our funding, skilled group (with 200+ colleagues in 4 main workplaces), technology and experience.

Mr. Kwok concluded, “While the Group expands into local, SEA, and GBA markets, we will also prioritize leveraging cutting-edge technologies like AI to enhance our cybersecurity products. We have professional talent, well-extablished experience, and an international exposure. Most importantly, we possess the reasonable investment capital to drive our various plans forward and are committed to providing our customers with high-quality, advanced products and services. HGC is well-prepared to implement diversified and innovative strategies and services tailored to different markets. We remain proactive in expanding various collaborations to deliver high-quality and secure services using the latest technologies. The Group’s goal continues to be empowering businesses and individuals in their digital transformation, ensuring they thrive in an increasingly interconnected world.”

About HGC International Communications Restricted

HGC International Communications Restricted (HGC) is a important Hong Kong and world telecom operator and ICT resolution supplier. The corporate owns an in depth community and infrastructure in Hong Kong and out of the country and gives numerous types of services and products. HGC has 21 international workplaces and workforce presence in 33 towns international. It supplies telecom infrastructure provider to alternative operators and serves as a provider supplier to company and families. The corporate supplies full-fledged telecom, knowledge centre services and products, ICT answers and broadband services and products for native, out of the country, company, SME and pile markets. HGC owns and operates an in depth fibre-optic community, 5 cross-border telecom routes built-in into tier-one telecom operators in mainland China and communicates with masses of world-class world telecom operators. The corporate is dedicated to additional making an investment and enriching its stream infrastructure and, in parallel, including on supremacy the original applied sciences and creating its infrastructure services and products and answers. In 2019, HGC Staff finished the purchase of Macroview Telecom Restricted (Macroview), a important virtual era resolution and controlled services and products supplier. The addition of Macroview additional speeds up HGC Staff’s virtual transformation trail and positioning as a pioneering ICT and virtual services and products chief. HGC is a portfolio corporate of I Squared Capital, an distant international infrastructure funding supervisor that specialize in power, utilities, delivery, social infrastructure, virtual infrastructure, and environmental infrastructure in North The us, Europe, Latin The us and Asia.

To be told extra, please seek advice from HGC’s web site at: www.hgc.com.hk

SOURCE HGC International Communications (HGC)

WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Virtual Media
Shops

270k+
Newshounds
Opted In