Feeds

Global Crossing, Microsoft sign Asian fibre net JV deal

MS takes 3.5 per cent of $4bn operation

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Plans for the first Asian broadband seamless network have come nearer to fruition with the signing of a deal announced in September between Global Crossing, Microsoft ($175 million for a 3.5 per cent stake) and Softbank (also $175 million for 3.5 per cent), to create a joint-venture company called Asia Global Crossing. Its East Asia Crossing network will consist of a high-capacity fibre optic link between China, Taiwan, Hong Kong, Singapore, Malaysia, Korea and the Philippines, and is scheduled for completion in June 2001. It is intended that the JV will expand to include Thailand, India, Indonesia, Australia and New Zealand. A couple of weeks ago, Hutchison Whompoa and Global Crossing agreed a 50:50 joint venture to tackle telecoms and Internet opportunities in Hong Kong. When the present plans are completed, Global Crossing will be able to offer network access to some 80 per cent of the world's telecoms traffic, but whether Asian users will be able to afford the tariffs remains to be seen. It has six undersea systems: Atlantic Crossing (AC-1, which started operation in May 1998), Pacific Crossing (PC-1), Mid-Atlantic Crossing (MAC), PanAmerican Crossing (PAC), South American Crossing (SAC) and AC-2. In addition, it has the PanEuropean Crossing (PEC) and Global Access Limited (GAL) in Japan. For its part, Global Crossing, with $4 billion of funding, has through its Global Marine Systems subsidiary the biggest fleet of cable-laying and maintenance vessels in the world. Last week, the acquisition of Racal Telecom was completed following the October agreement by Global Crossing to buy it for £1 billion in cash. Racal's network has a traffic flow consisting of 65 per cent data. The network, with its London metropolitan ring, is expected to be within 5km of two-thirds of UK businesses by 2001. A key feature is that Racal has more BT connection points than any other UK network, which reduces the interconnection costs. The Racal and Global Crossing networks are currently being linked together in the London docklands. ®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.