VNPT invests in undersea cable

The Prime Minister has given the nod to the Vietnam Post and Telecommunications Group (VNPT) to invest in the Asia-Pacific Gateway (APG) undersea cable system construction project.

The 8,000 kilometre cable line will link regional economies, namely China, Japan, Taiwan, the Philippines, Hong Kong, Vietnam, Thailand and Singapore.

The project, jointly invested by Chinese carriers China Telecom and China Unicom, Taiwan’s Chunghwa Telecom, the Republic of Korea (RoK)’s KT Corp., Japan’s NTT Communications, Philippine Long Distance Telephone (PDLT), Telekom Malaysia and Vietnam’s VNPT, is expected to be in service in the third quarter of 2011.

APG will be used to provide extra capacity for growing demand in the region and as a preventive solution to replace existing regional cables.

VietNamNet

Tags: Vietnam business news, Vietnam enterprise, Vietnam Telecom, VNPT

Posted by VBN on Nov 24 2009. Filed under Enterprises, Telecommunication. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry