CITIC Telecom CPC Enters a New Era in Connecting the World to the “Digital Silk Road”
CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (“CITIC Telecom”), today announced that after CITIC Telecom CPC completed its acquisition of Linx Telecommunication B.V., the merged company is named CITIC Telecom CPC Europe (“CPC Europe”). It also marks a new era to the company as it becomes one of the first Asian managed service providers to own Points of Presence (POPs) across a multitude of countries along the ‘Digital Silk Road.’
“The company’s new name is meant to convey a sense of being a single unified company with aligned capabilities. It not only leverages the excellent brand reputation of its parent company domestically and overseas, but also more accurately reflects the company’s enhanced business focus on Europe and the CIS telecommunications arena,” said Mr. Stephen Ho, CEO of CITIC Telecom CPC. “Furthermore, we are starting a new era by expanding our coverage to 140+ points of presence (POPs) in 130 countries which covers critical locations along the “Digital Silk Road,” providing a shorter path and direct connect to the Greater China region. This helps and empowers our enterprise customers and carrier partners to expand their global footprints by leveraging our top-of-the-line infrastructure, solutions and services, local expertise and ramping up our capabilities in new ICT areas.”
Establishing itself as a key global player in managed ICT services, CITIC Telecom CPC can now support a greater number of enterprises along the Digital Silk Road, tapping into CITIC Telecom CPC Europe’s vast network resources in Central and Eastern Europe. CITIC Telecom CPC’s go-to-market strength has also increased, enabling huge growth opportunities for Asian enterprises expanding into Europe, as well as European corporations trading in Asia. “Our mission to connect the world to the Digital Silk Road is closer to fulfillment, as we support customers to invest and operate in Central Europe, Eastern Europe and Russia. The acquisition of CITIC Telecom CPC Europe (formerly Linx Telecommunications B. V.) fits very well into this strategy and now we have a particularly powerful proposition for our customers. In Europe, our partners have expressed how beneficial the acquisition is to them, because some of the services that they are enjoying in Asia are now migrating to this new and exciting area, offering a host of new investments. Accelerating internationalization and digitalization, the markets along the ‘One Belt, One Road’ route offer huge development potential,” said Mr. Ho.