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HONG KONG, June 7, 2016 /PRNewswire/ -- Hong Kong's leading fibre provider, HKBN Group Limited ("HKBN" or "the Group"), and Hong Kong's largest serviced office network, Compass Offices, jointly announced today the two companies have agreed to an ingenious collaboration that will empower both parties to respectively enjoy premium services and ultimately, support their customers in Hong Kong, through exchanging their resources.
Addressing businesses' demand for a holistic approach to communications technology, this partnership agreement allows Compass Offices customers to enjoy connectivity through HKBN's advanced telecommunications products and services. And in return, HKBN can better address its rising need for work spaces of its fast growing Enterprise Solutions business by having an office at one of Compass Offices' centres.
With a solid understanding of the enterprise market, HKBN is embracing new ways to give enterprises far greater flexibility in managing their operating expenditures. In exchange for world-class fibre broadband and telecommunications services, enterprises can potentially swap their own products or services (according to HKBN's needs) as an alternative to cash payment.
HKBN Chief Commercial Officer, Enterprise Solutions and Co-Owner, Billy Yeung said, "This successful collaboration with Compass Offices demonstrates HKBN's flexibility to achieve a mutual-win model for us and our corporate customers. We are proud to have spearheaded such an innovative and customer-oriented approach, which is rarely seen in Hong Kong's telecommunications industry and is particularly appropriate during tougher economic times. Our success with Compass Offices has already garnered greater interest from companies keen on striking barter deals with us, and we see plenty of new business opportunities coming."
Andrew Chung, CEO of Compass Offices said, "At Compass Offices, we are committed to continue enhancing our technology, helping our customers take full advantage of our bespoke service. We are happy to partner with HKBN and engage in ongoing co-development efforts to deliver state of the art communications technology infrastructure for our clients in Hong Kong."
The partnership ensures customers in Compass Offices centers in Hong Kong can enjoy world class connectivity. For example, at any financial company, fast and secure connections are essential in running their business and making decisions e.g. for access to real-time data on trading floors or to transmit financial transactions. While for technology companies, a reliable data connection is indispensable to ensure uninterrupted data transmission and flexibility across various interfaces.
Keen on innovation, HKBN is constantly looking for new approaches to accommodate the needs of its customers. The Group offers a wide range of services which include fibre broadband Internet, cloud solutions, local and international data connectivity, data centres, voice communications, Wi-Fi solutions and system integration. It is committed to managing its end-to-end network to ensure that clients of different industries and sizes can enjoy top-class, customised solutions to support their business needs.
Supported by high-bandwidth business broadband, Dedicated Internet Access, IDD and SIP Trunk services of HKBN, Compass Offices is a fast-growing premium serviced office provider in Asia which offers excellent business solutions to its customers with superior customer service, collaborative approach, and first class IT infrastructure. Compass Offices opened its first office in 2009 in Hong Kong and is now the largest serviced office provider in the city with an expanding network reaching the wider APAC region.
About HKBN Group Limited
HKBN Group Limited ("HKBN") is Hong Kong's largest provider of residential high speed fibre broadband (symmetrical 100Mbps to 1,000Mbps) services by number of subscriptions. The Group offers a full range of telecommunications solutions for enterprise and residential markets, encompassing broadband & Wi-Fi network services, cloud solutions, data connectivity, data facilities, system integration and voice communications. HKBN owns an extensive fibre network in Hong Kong, which covers over 2.1 million residential homes passed, representing approximately 79% of Hong Kong's total residential units, and more than 2,200 commercial buildings. HKBN takes great pride in developing its 2,900 plus Talents into a competitive advantage. HKBN is a subsidiary of HKBN Ltd (SEHK Stock Code: 1310).
About Compass Offices
Compass Offices is transforming serviced and shared offices space and create community of success. Founded in 2009, Compass Offices has grown to 40 centres with a network of more than 10,000 work stations in close to ten countries. Our clients come from various industries and countries; different sizes and shapes. Through wide range of services from virtual offices to serviced offices, Compass Offices presents a customisable solution and conducive community that supports clients businesses.
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