Hong Kong Telecommunications (HKT) disclosed last week that it is taking steps towards offering voice-over-IP (VoIP) services to both the corporate and consumer markets.
Stories by Megan Scott
In mid-January this year, Ascend Communications Inc. and Lucent Technologies Inc. announced their intention to merge in a deal valued at approximately US$20 billion. Upon receiving stockholder approval, the transaction is expected to take place in May or June this year, according to Tony Wise, vice president and general manager of Ascend's Asia-Pacific region.
Regional economic woes and stiff competition from IBM Corp. were the main reasons for the recent worldwide restructuring of operations at U.S.-based Hitachi Data Systems Corp., according to top executives at HDS.
Network-delivered application services appear to be picking up steam with IBM's announcement last week of plans to provide local small- and medium-size enterprises (SMEs) with remote access to business and financial management applications.
Last spring, Hongkong Telecom unveiled its own network-delivered application service in Hong Kong offering remote, on-demand access to office applications.