HONG KONG, August. 26 2002 - Asia Global Crossing announced today that its East Asia Crossing (EAC) subsea fiber optic cable system has been completed. 

East Asia Crossing is a 19,500-km, fully redundant subsea system that connects the growing telecommunications markets of Asia -- Tokyo, Osaka, Nagoya, Hong Kong, Taipei, Seoul, Singapore, and Manila. With a total upgradeable capacity of 2.56 terabits, East Asia Crossing is one of the region's first truly high capacity pan-Asian networks

"With the completion of East Asia Crossing, Asia Global Crossing's network connects the major business centres that account for more than 90 percent of all intra-Asian traffic routes," said Bill Barney, president and chief operating officer, Asia Global Crossing. 

"As systems like East Asia Crossing are deployed, traffic no longer needs to 'hub-and-spoke' through the United States to reach another Asian destination. In fact, we are already seeing that about 80 percent of our customers' data traffic stays within Asia. Further, as Asian content continues to be developed within Asia, we believe that with East Asia Crossing, Asia Global Crossing is well positioned to capitalize on the region's growth," said Barney. 

East Asia Crossing is the only privately owned, non-consortia intra-Asian network, and is monitored and maintained by the Network Operations Centres in Singapore and in Sydney, both of which are 100 percent owned by Asia Global Crossing. 

Asia Global Crossing can offer Layer 1, 2 and 3 capabilities on its own infrastructure, allowing Asia Global Crossing to provide a full suite of telecommunications products and services to customers in both Carrier and Enterprise sectors throughout the region. Sole ownership also gives Asia Global Crossing significant advantages in cost, flexibility, provisioning, and fault management. 

East Asia Crossing connects with Pacific Crossing for connectivity to the United States. Pacific Crossing connects with the Global Crossing network, allowing Asia Global Crossing to provide customers with seamless connectivity to more than 200 cities worldwide. Through other interconnection agreements, Asia Global Crossing also connects major business centres throughout Australia and New Zealand.