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Technology Stocks : Newbridge Networks
NN 16.12+1.6%Dec 8 3:59 PM EST

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To: Gary Korn who wrote (8498)12/12/1998 5:31:00 PM
From: Chris Stovin   of 18016
 
Global One Web-site...

Global One and Jitong Communications Sign Agreement to Upgrade Economic Information Network in China

BEIJING, December 11, 1998 -- Global One, the international joint venture of Deutsche Telekom, France Telecom, and Sprint, today announced plans to upgrade Internet technology for Jitong Communications, China's premier online economic information network. This expansion will help Jitong stay ahead of China's fast-growing demand for Internet services.

This upgrade significantly increases Jitong Communications capacity as an Internet Service Provider (ISP) for the Golden Bridge Project - China's national economic information communications network. Since the Golden Bridge Project's creation 3 years ago, Jitong's national network, ChinaGBN, has become a leading ISP with state-of-the-art communications capacities covering over 30 provinces and cities in China.

"We are proud to have been selected by Jitong Communications for this major IP expansion project," said T.S. Chew, Global One China General Manager. "This upgrade will significantly increase Internet bandwidth available for the Golden Bridge Project and prepare the network to handle a much higher volume of Internet traffic, thus providing better access to customers."

Jitong Communications and Global One will expand services in China through the Global IP solution which delivers dedicated Internet connectivity at speeds from 64Kbps. Global One is the recognized leader in providing worldwide Internet access, with Global IP availability in over 80 countries via local nodes or International Private Lines.

The Jitong Communications Internet expansion project complements a series of Global One developments in China in recent years. Since the company was launched in 1996, Global One has assumed a leadership role in providing high-speed data and Internet communications systems to various Chinese ministries, provincial post and telecommunications administrations, including the Beijing and Shanghai City administrations. With the signing of a 1997 Network-to-Network Interface (NNI) agreement with China Telecom, the national telecommunications administration of China, Global One has provided state-of-the-art Frame Relay service between China and the United States. Global One currently maintains representative offices in Beijing, Shanghai, Guangzhou and has a sales office in Hong Kong (SAR) to provide extensive local and regional support to the growing number of programs in China.

Global One, the worldwide joint venture of Deutsche Telekom, France Telecom, and Sprint, offers a single source for the solution of voice and data needs of businesses, carriers, and consumers around the world. Global One has over 1,400 points of presence in more than 65 countries and had 1997 revenues of over $US1.1 billion.

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