10 August 2015
Superloop Limited (ASX:SLC) is pleased to announce that its subsidiary, Superloop (Hong Kong) Limited, has been granted a Unified Carrier Licence (UCL) by the Office of the Communications Authority in Hong Kong.
Superloop CEO, Mr Daniel Abrahams said the receipt of Superloop’s Hong Kong UCL, which allows the provision of internal fixed telecommunications services, was a significant milestone for the company.
“The UCL allows Superloop to build, operate and provide telecommunications networks and services in Hong Kong,” he said.
The Superloop Board continues to evaluate potential investment and network expansion opportunities in the Asia Pacific Region, including Hong Kong, based on underlying market dynamics and customer demand for high-speed data services.
The Company expects to provide a further update on its progress in Hong Kong at, or before, the company’s Annual General Meeting of shareholders.
Established in 2014, Superloop is an infrastructure provider of dark fibre connectivity services to large network providers and enterprises operating in the Australian and Singapore markets. Bringing innovation to infrastructure, Superloop is building a new independent dark fibre network connecting key points of presence in key Asian markets.
Superloop’s initial key assets include a 15-year exclusive right to a 130 kilometre fibre network within Brisbane, Sydney and Melbourne connecting many of the key data centres within those metropolitan areas.
The Company has also recently acquired a strategic underground duct network spanning approximately 120 kilometres in the Asian telecommunications hub of Singapore and is currently undertaking the rollout of its fibre optic network. Once completed, the Singapore fibre optic networks will interconnect major data centre and submarine cable landing station locations including Equinix SG1, SG2, SG3, Global Switch (Singapore) and Digital Realty (Singapore) and Singtel’s Katong and Tuas Cable Landing Stations.