|
Russia Telecom Giant Erects China Office
(SinoCast China IT Week Via Thomson Dialog NewsEdge) BEIJING, September 21, SinoCast -- Russia's Trans Telecom Company on September 18 announced debuting a representative office in Beijing, its first office in China, the 1.3 billion population nation, to support the Sino-Europe telecom network link project.
The office, to be the company's office for the Asia Pacific region, is designed to establish a good relationship with Chinese regulators and partners in attempt to serve for TTC's telecom business and network expansion in the Asia Pacific region, said Sergei Lipatov, president of the company.
TTC is the first Russia telecom carrier to set up an office in China.
To date, several global leading players, like France Telecom, British Telecom, Deutsche Telekom, UK-based Vodafone, Sprint Nextel from the US, and DoCoMo from Japan, have all erected their Chinese representative offices.
Kicked off ten years ago, TTC has a much larger scale than China TieTong Telecommunications Corporation's. TTC is backed by Ministry of Railways in Russia and China TieTing is by China's Ministry of Railways and the two have all started their operation by building optical cables based on the widespread railways.
TTC currently has total cables with more than 50,000 kilometers and reaped as much as USD 25 billion revenues in 2005.
In the expansion in Russia, the company mainly used the telecom equipments made by Huawei Technologies Co., Ltd., a top player providing next generation telecommunications networks based in Shenzhen, southern China.
By 2006, about 3,000 Chinese companies have opened their representative offices in Russia and Chinese businessmen have poured USD 945 million combined investment into Russia.
Meanwhile, Russian businessmen have invested CNY 610 million into China, according to Sergei Lipatov.
The telecom market between the two nations is hence rather profitable, he added.
Under the Sino-Europe telecom network link project, TTC and Japan's NTT plan to build a 500-kilometer high-capacity undersea fiber-optic cable that will transmit data at up to 640 Gigabits per second between Ishikari, Hokkaido in Japan and Nevelsk, Sakhalin in Russia, based around Dense Wavelength Division Multiplexing (DWDM) technology.
The two companies signed the agreement this February and will complete the project at the end of this year. TTC expects to seize a 15 percent share in the Sino-Europe telecom data market via the project.
Still, the plan will not come to China as the telecom networks between China and Russia is mainly overland.
This March, TTC signed an agreement with China Unicom to build an overland Sino-Europe optical cable with bandwidth of 10G bits.
Copyright 2007 Sinocast LLC, Source: The Financial Times Limited
[ Back To LatinAmerica.tmcnet.com's Homepage ]
|
