Taiwan. Asia Global Crossing Obtains Approval on First-Ever International Submarine Cable Circuit Leasing License in Taiwan
- License Allows Asia Global Crossing Taiwan To Land East Asia Crossing Cable In Taiwan - Asia Global Crossing Taiwan Will Bring Taiwan Unprecedented Fiber Optic Connectivity
siliconinvestor.com
TAIPEI, Dec 18, 2000 /PRNewswire via COMTEX/ -- Asia Global Crossing Taiwan announced here today that it has become the first telecommunications company to receive an International Submarine Cable Circuit Leasing License from the Ministry of Transportation and Communications (MOTC) in Taiwan. This license allows Asia Global Crossing to land its East Asia Crossing system in Taiwan and lease broadband capacity.
(Photo:http://www.newscom.com/cgi-bin/prnh/20001004/ASIALOGO )
Asia Global Crossing Taiwan will land East Asia Crossing during the second quarter of 2001, sooner that any other planned system. Upon completion, East Asia Crossing will be an approximately 19,500 kilometer undersea cable and the first private pan-Asian network, providing connectivity between Japan, Hong Kong, Taiwan, Korea, Singapore, Malaysia, the Philippines and, as regulations permit, China. In addition to unprecedented pan-Asian connectivity, customers in Taiwan will have seamless access to more than 200 major cities in 27 countries via the Global Crossing Network.
Asia Global Crossing Taiwan is a 60:40 joint venture between Asia Global Crossing and Microelectronics Technology Inc. (MTI) created to develop a state-of-the-art international telecommunications infrastructure in Taiwan. In keeping with Asia Global Crossing's joint venture strategy of partnering with leading companies in each country it connects to establish a terrestrial network, Asia Global Crossing Taiwan will seek to establish backhaul arrangements from the East Asia Crossing cable landing station into Taipei.
"We are very excited about the MOTC decision to approve our license. This approval allows us to land our East Asia Crossing cable, the first pan-Asian network, in Taiwan. We are pleased that we can extend our first-mover advantage into the important Taiwan market," said John Legere, chief executive officer of Asia Global Crossing.
"It is really the business customers in Taiwan that benefit from this approval. With increased competition comes lower telecommunication costs. And with one seamless network, Asia Global Crossing Taiwan not only can offer the highest level of connectivity on a pan-Asian and pan-world basis, but also better prices. Asia Global Crossing Taiwan strongly believes in the growth potential of Taiwan," said Chian Feng, managing director of Asia Global Crossing Taiwan.
The East Asia Crossing cable will provide 80 Gbps broadband service initially, and is upgradeable to 2.56Tbps. |
