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Technology Stocks : PCW - Pacific Century CyberWorks Limited -- Ignore unavailable to you. Want to Upgrade?


To: ms.smartest.person who wrote (1587)7/10/2001 10:04:51 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 2248
 
PCCW/Telstra jv granted FBO licence in Singapore
2001-07-11


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Pacific Century CyberWorks Ltd and Telstra Corp Ltd's joint-venture, Reach Ltd, has been awarded a facilities-based operator licence by the Infocomm Development Authority of Singapore.

The FBO licence enables Reach to connect to its own cable capacity in Singapore and to offer wholesale bandwidth and data services to carriers, service providers and ISPs, a Reach statement said.

The new licence will enable Reach to develop its Singapore operation as a regional gateway point of presence in Southeast Asia by offering direct bandwidth connectivity to neighbouring countries, including Malaysia, Indonesia and Thailand.

"Although the FBO licence allows the holder to undertake a range of activities, our interests are largely international in nature. Our business focus is wholesale and our target customers are primarily carriers and service providers," Reach Singapore managing director David Phua said.

ra/jr
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