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Technology Stocks : Asia Global Crossing - AGCX

AX 79.04

-0.4%

3:59 PM EST

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To: Xenogenetic who started this subject	1/24/2002 2:50:59 AM
From: Jay Fisk	of 31

Asia Global Crossing is committed to growing the scope of current operations as well as expanding our focus into new areas. By building the sub-sea fiber optic systems that interconnect Asia with the world and by partnering with leading companies to deliver advanced communications services, Asia Global Crossing will deliver the promise of broadband technology in the Asia-Pacific region and create the backbone of the global marketplace. Consider the following: Subscriber Growth - There will be 192 million Internet users in the Asia-Pacific region by 2005, up from 55 million in 2000. Internet access in the region will rise at a compound annual growth rate of 28% between 2001 and 2005. (Yankee Group, June 2001.) Open Markets - Continuing deregulation of the telecommunications industry at the national level in Asian countries has created an immense opportunity for new operators to aggressively enter these previously restricted markets. In the past year alone, decisions by the governments of Singapore and Taiwan have allowed Asia Global Crossing to accelerate the construction of the network. E-commerce - The Gartner Group concludes that e-commerce will thrive in the Asia-Pacific region (excluding Japan) over the next 4 years, growing to $1 trillion by 2004, up from $30 billion at the end of 2000. Fiber Optic and Dense Wave Division Multiplexing (DWDM) technology - Cost-effectively increases the capacity threshold of an existing fiber-network and also obviates the requirement for additional network build-out. As DWDM technology advances, the capacity levels of Asia Global Crossing's fiber networks will reach terabit proportions. The regional broadband market in Asia-Pacific will grow by almost 600% to reach $15.9 billion by 2006. Submarine bandwidth supply in the Asia-Pacific region will grow to as much as 17Tbits/s by the end of 2001, and 23Tbits/s by the end of 2003. (Ovum, March 2001.) The Asia-Pacific IP-VPN services market will grow by 300% to reach at least $700 million by 2004. (IDC Asia/Pacific, March 2001.) With more of the world's economies dependent upon the telecommunications industry than ever before, end users need access to a reliable global infrastructure that can support their needs now and well into the future. Asia Global Crossing will be the first operator able to provide Asian businesses and multinationals with the most advanced communications services in the region. ----------- From the Asia Global website

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