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Technology Stocks : C-Cube
CUBE 36.34+0.9%3:52 PM EST

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To: BillyG who wrote (25009)11/10/1997 12:34:00 PM
From: DiViT  Read Replies (4) of 50808
 
NEC To Build Experimental Multimedia Network In China...
Martyn Williams, Newsbytes
ÿ
11/10/97
Newsbytes News Network
(c) Copyright 1997 Newsbytes News Network, LLC. All rights reserved.
ÿ

TOKYO, JAPAN, 1997 NOV 10 (NB). A spokesman for NEC Corporation [TOKYO:6701] says the company will announce, on Wednesday, plans to build an experimental multimedia network in Shantou, Guangdong Province, China. The network will connect up to 150 homes and businesses and offer Internet access and video -on-demand.

The network will use a combination of ADSL (asynchronous digital subscriber line), fiber to the building and fiber to the curb to connect to personal computers and set-top boxes. Through the service, users will be able to access the Internet, view news on demand and also enjoy karaoke on demand, said the NEC spokesman.

The system will cost around 300 million yen ($2.42 million) and consist of NEC made video servers, ATM switches, optical network units, ADSL modems, set top boxes and digital terminals. The company will also install some telephone lines and fiber optic links to enable the system.

Official unveiling of the system will take place on Wednesday, at NEC headquarters in Tokyo, at a ceremony attended by Chinese premier Li Peng, the spokesman said.

Exchange rate: $1 = 124.00 yen

Reported By Newsbytes News Network: newsbytes.com
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