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Strategies & Market Trends : China Telecom Ltd (CHL) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (125)	6/21/1999 12:26:00 PM
From: $Mogul	Respond to of 149

SINGAPORE, June 16 (Reuters) - Ten Asian telecommunications companies signed an agreement on Wednesday to build an undersea fibre optics network to link seven countries in the region. Singapore Telecommunications Ltd <TELE.SI> (SingTel) said the network would link Japan, Korea, China, Taiwan, Hong Kong, Malaysia and Singapore by 2002. It said in a statement the companies signed a memorandum of understanding in Kunming, China, for the planning of the network. The 10 companies were Cable & Wireless HKT <0008.HK>, China Telecom <CHL.N>, Chunghwa Telecom , Japan Telecom <9434.T>, Korea Telecom <30200.KS>, KDD Corp <9431.T>, NTT Worldwide Network <9432.T>, SingTel, Telekom Malaysia <TLMM.KL> and Telstra Corp Ltd <TLS.AX>. SingTel said the network would be able to support Internet and E-commerce and would be configured to allow use by companies that require uninterrupted communications. The system would also be interconnected with other trans-Pacific fibre optic networks that already link China and Japan with the United States. REUTERS Rtr 07:13 06-16-99 ------ Previous \| Previous \| ------ \| Respond \|