Saturday, February 09, 2008

PACNET poised to support Singapore`s iN2015 vision

Singapore (ANTARA News/PRNewswire-AsiaNet) - With Its Operational Merger and Network Upgrades Underway, Asia's Leading Independent Telecommunications Service Provider Pacnet will now be Able to Enhance Connectivity into Singapore with the Region's Most Extensive Sub-Sea Cable Infrastructure

Pacnet, Asia's leading independent telecommunications service provider formed from the merger of Asia Netcom and Pacific Internet, today detailed plans to enhance network connectivity into Singapore to support the country's ambitious iN2015 IT masterplan.

As part of its new strategic plan unveiled recently at the launch of the company's new brand, Pacnet has embarked on Next Generation Network (NGN) upgrades of its key asset -- the EAC-C2C cable network, which will help meet the surge in regional and international bandwidth demand that Singapore will see as it rolls out its Next Generation National Broadband Network.

These network upgrades, which are expected to cost more than US$200 million over the next three years, will increase network efficiency and reliability, and put the EAC-C2C cable network one step ahead of other cable systems available today.

"Singapore is currently one of our key network hubs and houses our regional network operation centre -- the nerve centre of EAC-C2C. With the next decade poised to be all about Asia, we expect our operations here to play an enhanced role as we deliver more communication solutions within Asia, and into the region," said Bill Barney, Chief Executive Officer, Pacnet.

Pacnet's EAC-C2C cable infrastructure is a 36,800 km submarine cable network that can carry up to 10.24 Tbps of capacity, of which only 240 Gbps is currently lit. The EAC-C2C network has an estimated replacement value of US$4 billion -- based on the cost of building a similar infrastructure.

With the two companies merged, Pacnet can offer solutions for retail consumers, Fortune 500 companies, as well as service the wholesale carrier market. Illustrating this, Mr Barney pointed out that Pacnet's comprehensive portfolio of products offered in Singapore range from providing Asymmetric Digital Subscriber Line (ADSL) broadband connections into home offices, state-of-the-art WiMAX solutions for businesses, industry leading Multiprotocol Label Switching-Internet Protocol Virtual Private Network (MPLS-IPVPN) services for global multinational corporations and wholesale capacity for carriers.

"2008 will be an extremely exciting year for Pacnet, and we look forward to helping Singapore achieve its vision of enabling high speed broadband access for the masses." said Mr Barney.

About Pacnet

Pacnet, the region's largest independent telecommunications service provider, is born out of the recent merger of Asia Netcom and Pacific Internet. Fueling Pacnet's growth are synergies reaped from the two companies. As one of Asia Pacific's premier providers of broadband, the company has unique assets that are not easily replicable.

Pacnet owns and operates the region's leading pan-Asian submarine network and provides a comprehensive portfolio of city-to-city connectivity, data communications and IP-based solutions and services. Pacnet offers solutions for retail consumers, Fortune 500 companies, as well as the wholesale carrier market. The company has headquarters in Hong Kong and Singapore with local offices in all major Asian markets, the US and Europe.
For more information, please visit: http://www.pacnet.com .

FOR MORE INFORMATION, please contact:
Lorain Wong Pacnet Tel: +852-2121-2973 Email: lorain.wong@pacnet.com
RolandLim Pacnet Tel: +852-2121-2975 Email: roland.lim@pacnet.com
SOURCE Pacnet

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