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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (59067)	4/24/2002 12:09:48 AM
From: puborectalis	Read Replies (1) \| Respond to of 77400

China Railcom Selects Cisco Technology for Network Expansion April 23, 2002 (BEIJING) -- China Railway Communications (China Railcom), has announced it has chosen technology from Cisco Systems Inc. for the second phase expansion of its Internet backbone network, CRNet. CRNet is a high-speed public network offering a range of integrated services including dial-up and DDN access, as well as value-added services like VPN, VPDN, IP voice, and video conferencing. After the expansion work, CRNet will offer a 10G link connecting Beijing, Shanghai, Guangzhou, and 125 other Chinese cities, making it one of the world's largest broadband networks. Rick Justice, Cisco's senior vice president, Worldwide Field Operations, said that when the second phase expansion is completed, CRNet will be one of the largest broadband IP networks in the world, and the network will contribute to the development of China's communications industry and increase the availability of broadband services in the country. It is estimated that Chinese data subscribers will reach 50 million by 2005 and over 280 million in 2010. The construction of expand broadband networks will eliminate bottlenecks and allow operators to move ahead of subscriber growth. CRNet's second phase network expansion will deploy Cisco's 12400 Internet routers. The entire project will be completed by the third quarter of 2002. Peng Peng, president of China Railcom, said the second phase expansion of CRNet helps broaden the company's IP broadband resources and leverage its network integrity. The company plans to expand the network to cover more major cities and developed regions to address the demand of railway subscribers. The Cisco 12400 Gbit router employs a distributed architecture that is capable of providing IP+optical network infrastructure and service building block for 10Gbps IP infrastructure. The routers adopted in CRNet expansion project can increase the bandwidth between core network and edge network, and offer the possibilities of accessing IP content and multi-services via an optical network. In 2001, Chinese data subscribers increased by more than 100 percent over the previous year, reaching a total of 33.22 million users. Revenue for these services increased by 31.6 percent, generating over RMB8.65 billion (US$1.17 billion). (Xinhua News Agency)