S'pore Technologies Telemedia & Asia Global Crossing form two JVs
Joint venture's terrestrial fiber optic system will link to East Asia Crossing, which, in turn, will interconnect Singapore with more than 200 major business centers world-wide via the Global Crossing Network.
SINGAPORE, 22 May 2000 - Singapore Technologies Telemedia Pte Ltd (STT) announced that it has entered into agreement with Asia Global Crossing to form 2 joint ventures in Singapore to increase connectivity and enhance data-centric service offerings.
In addition, STT has committed to a capacity purchase from Asia Global Crossing on the Global Crossing Network to accelerate the landing of East Asia Crossing into Singapore. The first joint venture will build and operate backhaul and telehouses in Singapore, enabling Asia Global Crossing with the necessary components to extend East Asia Crossing, Asia Global Crossing's pan-Asian sub-sea fiber optic system, into Singapore.
The joint venture's terrestrial fiber optic system will link to East Asia Crossing, which, in turn, will interconnect Singapore with more than 200 major business centers world-wide via the Global Crossing Network.
The second joint venture will be established to build and operate an Internet Data Center, providing multinational customers in Singapore with a reliable platform for complex web hosting solutions and other advanced data-centric services.
As part of the GlobalCenter family, the Internet Data Center in Singapore will exhibit similar high quality service in line with GlobalCenter's technical specifications, ensuring global performance consistency. "STT's partnership with Asia Global Crossing is a significant milestone both for the company and Singapore's Info-Communications Industry as a whole. " said Mr Lee Theng Kiat, President of Singapore Technologies Telemedia.
"We are constantly enhancing the capabilities of STT, and in working with Asia Global Crossing, we can deliver world-wide connectivity and IP services effectively." "The opening of the telecommunications market by the Singapore government is proving to be a landmark decision for the rapid expansion of telecommunications services into the Asia Pacific region," said Mr John Legere, CEO of Asia Global Crossing.
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