GX-NEWS! Asia Global Crossing Wins Seven Network Contract for 2002 Olympic Winter Games And 2002 Manchester Commonwealth Games Transmissions
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Monday January 21, 7:49 pm Eastern Time
Press Release
SOURCE: Asia Global Crossing
Asia Global Crossing Wins Seven Network Contract for 2002 Olympic Winter Games And 2002 Manchester Commonwealth Games Transmissions
- AGC's dedicated low-latency fibre solution replaces traditional satellite - Provides full end-to-end managed solution
SYDNEY, Australia, Jan. 21 /PRNewswire-FirstCall/ -- Asia Global Crossing (NYSE: AX - news) has won a multi-million dollar contract to provide the Seven Network with transmission capacity for its domestic broadcast of the Salt Lake City Olympic Winter Games in February 2002 and the Commonwealth Games being staged in Manchester from July-August 2002.
(Photo: www.newscom.com/cgi-bin/prnh/20001004/ASIALOGO )
The Commonwealth Games contract was awarded to Asia Global Crossing by the Seven Network because it was the only network service provider that could provide fully redundant fibre network capacity using its own wholly-owned global fibre backbone. This will allow Asia Global Crossing to provide between 45 and 155 Mbps of bandwidth needed for transmission of the limited life of each event and guarantee performance to Australian audiences.
The Seven Network considered a traditional satellite solution but preferred the Asia Global Crossing proposal of providing guaranteed transmission latencies and bandwidth capability for the events' limited time period at reasonable cost.
``What makes these transmissions unique is our need to cost-effectively send and receive images via duplex transmission with extremely low circuit latency,'' said Col Southey, general manager, Network Sport Operations, Seven Network. ``Asia Global Crossing was able to provide a network transmission plan which incorporated all our requirements, including hardware integration and end to end service.''
For the Olympic Winter Games, Asia Global Crossing will provide Seven Network with a dedicated 45 Mbps service from the US via a gateway in Los Angeles to the Seven Network's Epping studios. Remote configuration and network management will be provided by Asia Global Crossing's Network Operations Centre in Sydney.
For the Commonwealth Games, Asia Global Crossing will provide 10 video channel feeds from the UK to Melbourne and five video channel feeds from Melbourne to Manchester via an ATM-based video feed network enabling high resolution transmission. Asia Global Crossing will also provide additional data and voice services for the duration of the Games.
Drew Kelton, Vice President and General Manager, Asia Global Crossing Australia-New Zealand, said, ``This is a significant win with one of the country's leading broadcasters. The Seven Network, as local TV Rights Holding Broadcaster of the Sydney 2000 Olympic Games, has built an enviable reputation globally for high quality coverage and reporting of international sports events. We are delighted to have been selected to ensure that coverage consistency is maintained to the highest standards in quality, availability and service that we have all come to enjoy during these events.''
The Olympic Winter Games runs from 8 February to 24 February and the XVII Commonwealth Games is being staged from 25 July to 4 August.
About Asia Global Crossing
Asia Global Crossing (NYSE: AX - news), a public company whose largest shareholders include Global Crossing (NYSE: GX - news), Softbank (Tokyo Stock Exchange: 9984), and Microsoft (Nasdaq: MSFT - news), provides the Asia Pacific region with a full range of integrated telecommunications and IP services. Through a combination of undersea cables, terrestrial networks, city fibre rings and complex web hosting data centres, Asia Global Crossing is building one of the first truly pan-Asian networks, which, in combination with the worldwide Global Crossing Network, will provide the Asia Pacific region with seamless access to major business centres worldwide. As part of its strategy to provide city-to-city connectivity, Asia Global Crossing partners with leading companies in each country it connects to provide backhaul networks.
Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States, Asia, and other countries and regions; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. One is cautioned not to put undue reliance on such forward-looking statements, which speak only as of the date of this press release. Asia Global Crossing expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION:
ASIA GLOBAL CROSSING
Investor contact: Investor Relations, Los Angeles, CA, +1 310 385 5283
Press contact: Madelyn Smith, Beverly Hills, +1 310 385 3816, madelyn.smith@asiaglobalcrossing.com, or Selene Lo, Hong Kong, +852 2121 2936, selene.lo@asiaglobalcrossing.com, or Matthew Temple, Sydney, +612 8233 5302, matthew.temple@asiaglobalcrossing.com
General information: Visit Asia Global Crossing at www.asiaglobalcrossing.com/index.htm on the World Wide Web.
To be added/removed from Asia Global Crossing's fax distribution, please call +1 213 244 9031 or email axinvestors@asiaglobalcrossing.com
SOURCE: Asia Global Crossing |
