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TPE or Trans-Pacific Express submarine cable system is the second subsea cable system directly linking China and USA, aims to offer high capacity between USA and China as well as other Asian countries and regions. The consortium of TPE includes 6 initial parties from China Unicom and China Netcom (which are consilidated as China Unicom), China Telecom, Verizon Business, Korea Telecom, Chunghwa Telecom, sharing the joint investment of US$ 500 million and equal rights of vote and capacity ownership. NTT and AT&T participated in the consortium in March 2008.  TPE was completed in September 30, 2008. The design capacity of TPE cable system is 5.12Tbps, operating at 10Gbps DWDM.