By Kim Yoo-chul
KT plans to lay a submarine fiber-optic cable around the Pacific Rim in cooperation with partners in the United States, Japan, China and Taiwan, the company said Tuesday.
The move is an effort by the nation's telecommunications giant to cut its heavy reliance on the saturated local telecom market by shifting its focus toward lucrative overseas projects.
In a statement, KT said it has signed a memorandum of understanding (MOU) with six partner firms, including Chunghwa Telecom, China Telecom and China Mobile, for laying the so-called New Cross Pacific (NCP) cable system.
Details regarding the project will be unveiled early next year, the company said.
Operated by a consortium of telecommunications and technology companies, the NCP will be a high capacity fiber-optic submarine cable system directly connecting the United States and China, Korea, Taiwan, and Japan, according to the statement.
"The NCP system is going to be equipped with multiple fiber pairs employing improved sub-sea transmission technology to satisfy the escalating bandwidth demands from emerging new applications and mobile services," it added.
With the target for a service date in the fourth quarter of the year 2015, the NCP system 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, said company spokesman.
"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."
KT Chairman Lee Suk-chae has focused on expanding the company's overseas business by giving authorities to divisions that handle the company's cross-border business.
Thanks to their experience and knowledge with a focus on broadband-related businesses, the Bundang-based outfit aims to become one of the most trusted providers of content and telecom solutions, especially in countries in Africa, the former Soviet bloc and Europe.
KT plans to lay a submarine fiber-optic cable around the Pacific Rim in cooperation with partners in the United States, Japan, China and Taiwan, the company said Tuesday.
The move is an effort by the nation's telecommunications giant to cut its heavy reliance on the saturated local telecom market by shifting its focus toward lucrative overseas projects.
In a statement, KT said it has signed a memorandum of understanding (MOU) with six partner firms, including Chunghwa Telecom, China Telecom and China Mobile, for laying the so-called New Cross Pacific (NCP) cable system.
Details regarding the project will be unveiled early next year, the company said.
Operated by a consortium of telecommunications and technology companies, the NCP will be a high capacity fiber-optic submarine cable system directly connecting the United States and China, Korea, Taiwan, and Japan, according to the statement.
"The NCP system is going to be equipped with multiple fiber pairs employing improved sub-sea transmission technology to satisfy the escalating bandwidth demands from emerging new applications and mobile services," it added.
With the target for a service date in the fourth quarter of the year 2015, the NCP system 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, said company spokesman.
"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."
KT Chairman Lee Suk-chae has focused on expanding the company's overseas business by giving authorities to divisions that handle the company's cross-border business.
Thanks to their experience and knowledge with a focus on broadband-related businesses, the Bundang-based outfit aims to become one of the most trusted providers of content and telecom solutions, especially in countries in Africa, the former Soviet bloc and Europe.
