308 views
Source: Singtel

Singtel co-leads consortium for $420m Asia Link Cable System project

The undersea fibre optic cable system spans 6,000km.

Singtel is co-leading with China Telecom Global Limited a consortium for the development of the $420.8m (US$300m) Asia Link Cable System (ALC) project. 

The consortium also includes four other regional carriers, China Telecommunicatons Corporation, Globa Telecom, Inc. and DITO Telecommunity Corporation of the Philippines, and Unified National Networks Sdn Bhd of Brunei. 

Read more: 'Smaller impact' on Singtel's earnings after subsidiary Optus hit by cyberattack

“Southeast Asia is one of the world’s fastest growing economies, with rising digital demand from consumers and businesses, accelerated by the pandemic. Consumers and Businesses are increasingly relying on services and solutions that require higher-bandwidth and lower-latency connectivity for their work, studies or entertainment,”  Bill Chang, Chief Executive Officer, Group Enterprise and Regional Data Centre Business, Singtel, said. 

“The ALC will bring greater connectivity capacities to transform industries, unlock more opportunities for innovation, further enhancing the digital experiences of Southeast Asian consumers and supporting the growth ambitions of the region.”

The ALC, which spans 6,000 kilometres, is intended to extend connectivity and help boost economic growth in Southeast Asia.

 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.