The NCP parties announced that the Memorandum of Understanding has been signed between Chunghwa Telecom Co., Ltd (CHT), KT Corporation (KT), China Telecom (CT), China Mobile (CM), China Unicom (CU) and a US based company for the construction of the New Cross Pacific (NCP) Cable System.
Operated by a consortium of telecommunications and technology companies, the NCP shall be built as a high capacity fibre-optic submarine cable system across the Pacific Ocean directly connecting the US and Asia with landings in China, Korea, Taiwan, Japan and US.
The NCP system shall be equipped with multiple fiber pairs employing next generation subsea and transmission technologies to satisfy the escalating bandwidth demands from emerging new applications and broadband mobile services.
With a target Ready for Service date in the fourth quarter of the year 2015, NCP is expected to serve as key infrastructure across the Pacific by providing the foundation for new bandwidth-intensive services which are already transforming people’s lifestyles and business practices. The NCP will be designed to interconnect with other cable systems in the region to maximize the throughput of data and the resilience of the Trans-Pacific transmission infrastructure.
About China Mobile Communications Corporation
As the leading mobile services provider in Mainland China, China Mobile boasts the world's largest mobile network and the world's largest mobile customer base. In 2012, the Company was once again selected as one of the "FT Global 500" by Financial Times and "The World's 2,000 Biggest Public Companies" by Forbes magazine, and was again recognized on the Dow Jones Sustainability Indexes ("DJSI"). The Company currently has a corporate credit rating of Aa3/Outlook Stable from Moody's Investor Service and AA-/Outlook Stable from Standard &Poor's, equivalent to China's sovereign credit rating respectively.
About China Telecom
China Telecom is an extra-large State-owned telecom operator in China, selected into the Top 500 Global Companies for many consecutive years. China Telecom mainly provides the integrated information services including the fixed-line telephone, mobile service, Internet access and applications services. China Telecom has subsidiary companies in 31 provinces(municipals and autonomous regions) and branches in the Americas, Europe, Hong Kong and Marco, and its communications and information network covering the urban and rural areas of the whole country and reaching every corner of the world. China Telecom built the world biggest CDMA 3G network. China Telecom has two main holding companies, “China Telecom Corporation Limited” and “China Communications Services Corporation Limited”. China Telecom Global Limited (“CTG”) is the wholly owned international business subsidiary of China Telecom, one of the world’s largest providers of integrated telecommunication services. China Telecom has a long-standing commitment to the development of our global operations and capabilities in order to establish a leading position in the international telecommunication market. For more information, visit China Telecom at http://www.chinatelecomglobal.com/
About China Unicom
With a modern communications network characterized by nationwide coverage and global reach, China Unicom mainly operates fixed and mobile communications service, domestic and international communications facilities, satellite IPLC service, data communications service, network access service, value-added telecom services and system integration service related to information and communications services. Aiming at providing comprehensive and high-quality broadband communications and information services for customers, China Unicom has been speeding up the construction of mobile communications network, strengthening the development of fixed broadband network, and promoting broadband-based fixed and mobile networks. Committed to raising its overall competitiveness and sustainable development capacity and becoming a world leading provider of broadband communications and information services, China Unicom will further enhance the development of its services, expand its business scope and improve the quality of service while adhering to the market-oriented and customer-focused principle and emphasizing the development of mobile broadband Internet services.
About Chunghwa Telecom
Chunghwa Telecom is the largest telecommunication service provider in Taiwan and one of the largest in Asia in terms of revenue. In terms of both revenue and customers Chunghwa is Taiwan’s largest provider of fixed line services, mobile services, broadband access service, and Internet service. The company also provides information and communication technology services to corporate customers. As the most experienced and largest integrated telecommunication operator in Taiwan, Chunghwa is one of the most important partners for international telecommunication cooperation, with distinctive achievements in promoting global real-time communication, improvement social life, and enhancing economic efficiency.
About KT Corporation
KT is a South Korean integrated wired/wireless telecommunication service provider. KT focuses on information & communications business, and it has the largest portion of the South Korean local telephone and high-speed Internet business. Originally founded in 1981 as a public corporation, KT actively led Korea’s transition to the information era and played a key role in promoting the growth of Korea into a globally recognized IT superpower. In 2009, KT merged with its mobile subsidiary KTF, paving the way to the convergence of fixed and mobile services.