CTG noted a number of trends in the industry and has pledged to focus on these moving forward, as it attempts to maintain its leading position as a global gateway to and from China and Asia-Pacific.
These trends include the shift of focus from pipe provider to solutions provider and the development of next-generation networks, and CTG said its strategy will focus on deriving products and platforms for new solutions, as well as offering larger bandwidth services.
CTG also said it is actively looking to enter new markets and deliver new routing solutions, as well as consider cross-industry partnerships.
A recent Gartner report predicted a 4.5% growth of traditional wholesale business from 2014-2019, and it is on this basis that CTG has adjusted its strategies.
The cloud services market is another lucrative area for CTG, with expected revenues of $253.4 billion, $66.4 billion and $12.9 billion for public, hybrid and private cloud in 2017, according to the company.
CTG is a member of the SEA-ME-WE 5 cable consortium, construction of which began in September this year.
