Wednesday June 20, 4:01 pm Eastern Time
Press Release
SOURCE: Asia Global Crossing
Yahoo! Broadband Selects Asia Global Crossing IP Transit Service For Its International Backbone
"New Yahoo! BB Service 'Powered by Asia Global Crossing' Brings Users the Fastest IP Network in Japan"
TOKYO, June 20 /PRNewswire/ -- Asia Global Crossing announced today that Yahoo! BB, a broadband service provided by Softbank Group and Yahoo! Japan, will be ``Powered by Asia Global Crossing.'' Yahoo! BB has selected Asia Global Crossing's high-speed IP Transit service as its main international backbone. With multiple Gigabit Ether connections, Yahoo! BB will use IP Transit to better meet anticipated demand created by its recently announced ADSL (asymmetric digital subscriber line) high-speed Internet access and portal services offerings.
(Photo: newscom.com )
Yahoo! BB offers end-users broadband services such as high-speed internet connection services on the world's fastest ADSL access line, as well as portal services, including broadband content such as images and music, network competitive games, and online education.
Asia Global Crossing was selected because it owns a private high-speed network able to handle high-volume, burstable broadband user traffic driven by services like ADSL. Since its launch last year, IP Transit has been adopted by many major ISPs because the service can handle large volumes of data reliably and is cost-effective.
Softbank President Masayoshi Son said, ``With an expected one million subscribers by year-end, Yahoo! BB needed an international bandwidth provider that could offer high-speed, highly reliable connectivity on a global and regional scale. We concluded that Asia Global Crossing's IP Transit is the best solution. Yahoo! BB 'Powered by Asia Global Crossing' allows us to offer the broadband users in Japan the highest level of high-speed connectivity at a low price.''
Asia Global Crossing President and Chief Executive Officer John J. Legere said, ``It is a great honor to have IP Transit selected as the main international IP backbone of Yahoo! BB, which provides the world's fastest class of broadband environment on ADSL. Since IP Transit first went into service last April, it has been adopted as a backbone by many international ISPs as well as major Japanese ISPs including So-net, BIGLOBE, @NetHome and Usen. We hope to further contribute to the spread of broadband in Japan and worldwide, as well as continue to support increasing international traffic with our high-speed network.''
About IP Transit
IP Transit is a high-speed Internet access service offered by Asia Global Crossing to ISPs and enterprises. The IP Transit service enables up to a 2.5Gbps data rate, the industry's fastest. This service provides enterprise customers with connections to dedicated lines such as T1 (1.5Mbps) or STM-4 (622Mbps). IP Transit directly connects leading ISPs and IX around the world via Asia Global Crossing's and Global Crossing's high-speed network, thus allowing ISPs to build very efficient Internet environments at low costs, while minimizing network failures and delays.
About Asia Global Crossing
Asia Global Crossing (Nasdaq: AGCX - news), a public company whose largest shareholders include Global Crossing (NYSE: GX - news), Softbank (Tokyo Stock Exchange: 9984), and Microsoft (Nasdaq: MSFT - news), provides the Asia Pacific region with a full range of integrated telecommunications and IP services. Through a combination of undersea cables, terrestrial networks, city fiber rings and complex web hosting data centers, Asia Global Crossing is building one of the first truly pan-Asian networks, which, in combination with the worldwide Global Crossing Network, will provide the Asia Pacific region with seamless access to major business centers worldwide. As part of its strategy to provide city-to-city connectivity, Asia Global Crossing partners with leading companies in each country it connects to provide backhaul networks.
Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States, Asia, and other countries and regions; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. One is cautioned not to put undue reliance on such forward-looking statements, which speak only as of the date of this press release. Asia Global Crossing expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION
ASIA GLOBAL CROSSING
Investor contact: Jensen Chow (Los Angeles CA), +1 310 385 5283, jensen.chow@asiaglobalcrossing.com
Press contact: Madelyn Smith (Los Angeles CA), +1 310 385 3816, madelyn.smith@asiaglobalcrossing.com
General information: www.asiaglobalcrossing.com
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SOURCE: Asia Global Crossing
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