KUALA LUMPUR: ACASIA Communications Sdn Bhd (ACSB), a collaboration among seven leading telecommunications (telco) providers, will accelerate the expansion of global businesses into the ASEAN region with its comprehensive suite of connectivity services and digital infrastructure.
Chief executive officer M Satya Riayatsyah Syafruddin said that given the potential in ASEAN as one of the fastest-growing regions globally, ACSB serves as a one-stop solution for global businesses to simplify its digital process and transformation.
"For example, a global business that sets up its operation in Malaysia and looking to expand into the Philippines would need to set up its digital infrastructure and connectivity in both countries.
"However, with ACSB, we help to bridge these processes and simplify the expansion plans into the region," he said in a statement today.
Formed in 1995, the shareholders of ACSB are among the seven leading telcos in the region, namely Telekom Malaysia Bhd (TM) in Malaysia, Singtel in Singapore, National Telecom in Thailand, Indosat Ooredoo in Indonesia, PLDT in the Philippines, Nex.Us in Brunei and VNPT in Vietnam.
These seven players have a proven track record in the telco services provided in the region.
With an established digital infrastructure in the region, ACSB helps global businesses to expand into ASEAN through a seamless process made possible by the collaborations among its shareholders.
ACSB will serve as a service aggregator for these global business operations requiring the region's presence.
"The growth potential is huge for ACSB as we tap on the digital transformation that has escalated during the Covid-19 pandemic.
"Our existing infrastructure in the region puts us in a strong position to offer valuable services for global businesses that are expanding into the region," Satya said.
ACSB's established presence in the region and its fully-equipped infrastructure allows it to offer a comprehensive suite of connectivity services and digital infrastructure for global businesses.
The services offered will help bridge the gaps in business operations and processes in the different countries in the region.
Other than accelerating the expansion of global businesses into the region, ACSB also offers ASEAN companies to tap on its digital infrastructure to venture out of their respective local economies.
Through this ecosystem and with their points of presence in most ASEAN countries, ACSB acts as a single point of contact for all connectivity services within ASEAN, giving power to businesses across the globe who are looking to tap into the Southeast Asian region.
Satya said the ASEAN region's shared collaborations also offer data sovereignty for businesses and governments.
ACSB will ensure data sovereignty by enabling data to reside in countries where data is collected unless granted approval.
ACSB solutions also offer access to private cloud computing infrastructure, which would be vital for organisations that rely on public cloud services for data storage and hosting.
Given the increased awareness of the importance of data privacy, this will help the shift into secured private cloud storage and hosting.
"Infrastructure to support data sovereignty is something that is lacking, and with ACSB, we fill the gap and offer the missing link for the whole ecosystem of digitalisation, especially for businesses and government in the ASEAN region.
"Our strength as a unit will enable our clients to leverage on these synergies to grow globally in a secure environment amidst a rush into digitalisation," Satya said.
The comprehensive connectivity solutions offered by ACSB puts the company in an excellent position to tap on the vast potential within the global wireless connectivity technology market, which was expected to grow at a 13.0 per cent in compounded annual growth rate (CAGR) to reach US$150.4 billion by 2021.