The business arm of American telco CenturyLink has announced the expansion of its managed services availability into the Chinese market. The announcement marks a potentially significant step for Western businesses moving into the worlds’ second-largest economy.
US multiplay carrier and managed services provider CenturyLink has acquired Tier 3, a small infrastructure as a service and platform as a service provider. The double-play will bolster CenturyLink’s growing arsenal of cloud services, which already includes cloud service provider Savvis and Cloud Foundry-based platform as a service AppFog.
The seventeen largest cable and telecoms providers in the US (representing around 93% of the market) acquired 579,521 additional broadband subscribers in the third quarter of this year, according to US firm Leichtman Research Group.