YEEHAW CANDIDATES Message Board

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To: J.F. who wrote (21107)	12/18/2006 1:05:34 PM
From: Galirayo	Read Replies (1) of 23958

Have any Ideas ??? Forget the Big Screen TVs ... Where will they get the Fiber ?? Verizon to Build Undersea Optical System Monday December 18, 12:10 pm ET Verizon to Work With Chinese Telecoms to Build Fiber-Optic Undersea Network Linking to China NEW YORK (AP) -- Verizon Business, a unit of telecommunications company Verizon Communications Inc., said Monday it signed a construction and maintenance agreement to work with China Telecom and China Netcom to build an undersea optical cable system linking mainland U.S. and China. The total cost of the system will be more than $500 million, split evenly between consortium members. The system is expected to be complete in 2008. The system, to be called Trans-Pacific Express, will be made with fiber-optic cable and support capacity equal to 62 million phone calls, more than 60 times the capacity of existing cable directly linking China and the U.S, according to Verizon. Shares of Verizon added 7 cents to $36.55 in midday trading on the New York Stock Exchange.

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