KT Chooses Tyco Telecommunications Based on the Strength of the Tyco Global Network (TGN) and the FLAG North Asia Loop CableMorristown, N.J - January 6, 2004 --
Tyco Telecommunications, a leading provider of international wholesale network transport and communications services, today announced a multi-million dollar contract for diverse 10Gb/s Wavelengths with KT Corporation (KT), Korea’s largest incumbent telecom operator and a leading supplier of broadband services. Under the terms of the Indefeasible Right of Use (IRU) contract, Tyco Telecommunications will provide full circuit, high quality connectivity to carry large volumes of voice, data and Internet traffic between Korea and the U.S. West Coast.
These high capacity circuits were rapidly provisioned to connect KT’s facility in Busan, Korea with U.S. Points of Presence (PoPs) in Los Angeles, CA, Seattle, WA and the PAIX international Internet exchange in Palo Alto, CA and can be re-configured to support KT’s growing telecommunications traffic between Asian and US PoPs. Tyco Telecommunications will provide bandwidth on its Tyco Global Network (TGN) Trans-Pacific cable, which connects Los Angeles, Seattle and Palo Alto in the U.S. with Tokyo, Japan, where the TGN cable network seamlessly connects with FLAG Telecom’s (FLAG) North Asia Loop cable (FNAL) to provide direct connectivity from Tokyo to Busan.
“Today’s competitive environment demands reliable delivery of broadband capacity to support the global communications infrastructure needs of KT,” stated Mr.Yu-Ho Park, Managing Director, at KT. “We selected Tyco Telecommunications based on TGN and FLAG’s ability to provide a high quality, physically diverse solution in a scaleable and cost-effective arrangement. KT’s capacity will be carried entirely on protected-loop cable systems that use the latest generation of fiber optic transmission technology, thereby providing KT with the robust long-term capacity solution that meets the current and future international capacity needs of KT and our customers. We look forward to the continued use of the Tyco Global Network and FLAG networks to support our global communications infrastructure.”
Russ Matulich, Tyco Telecommunications’ Managing Director – Asia Pacific Region, said, “As a leading provider of trans-Pacific capacity utilizing our Tyco Global Network – trans-Pacific (TGN-TP) cable network, we recognize the need of a global service provider to rapidly activate broadband capacity when our customers need real time service and scalability. TGN is predicated on providing technically robust capacity solutions that can be customized to support our individual customer needs. TGN offers customers physical network diversity with the commercial flexibility required by today’s bandwidth customers, all on an integrated fiber optic cable network. Our relationship with FLAG enabled us to jointly meet KT’s current and future global bandwidth requirements by seamlessly delivering KT’s traffic into the heart of Internet centers on the U.S. West Coast with the ability to rapidly connect to other global points of presence.”
Owen Best, President Asia Pacific, FLAG Telecom, said: “The combined reach and reliability of the TGN and FLAG networks allow us to not only meet the exacting quality requirements set by KT over one seamless network, but also provides us with the ability to easily scale our solution to meet the anticipated demands of the next generation of Internet users and bandwidth-hungry applications. Our on-going relationship with Tyco Telecommunications ensures this demand can be carried confidently intra-Asia and trans-Pacific to the U.S. West Coast.”
For further information, contact:
Director of Marketing & Strategic Planning
+1 973 656 8331
Tyco International (US), Inc.
Director, Public Relations
Director of International Network Planning & Management
Director of Communications
+44 20 7317 0813
ABOUT TYCO TELECOMMUNICATIONS
Tyco Telecommunications, a business unit of Tyco Electronics, is one of the world’s largest providers of advanced global broadband communication solutions. The company sells secure city-to-city capacity services on its global fiber optic network – Tyco Global Network (TGN), which connects key telecom and business markets in Asia, Europe and the USA. Tyco Telecommunications offers a portfolio of global wholesale capacity services to carriers, ISPs, content providers and other broadband service providers. They are also the world’s only fully integrated supplier of transoceanic optical networks. For more information on Tyco Telecommunications, visit www.tycotelecom.com.
ABOUT TYCO ELECTRONICS
Tyco Electronics, a major business segment of Tyco International Ltd (NYSE: TYC, LSE: TYI, BSX: TYC), is the world’s largest passive electronic components manufacturer; a world leader in cutting-edge wireless, active fiber optic and complete power systems technologies; and is also rapidly developing extensive networking and building technology installation services. Tyco Electronics provides advanced technology products from over forty well-known and respected brands, including Agastat, Alcoswitch, AMP, AMP NETCONNECT, Buchanan, CII, CoEv, Critchley, Elcon, Elo TouchSystems, M/A-COM, Madison Cable, OEG, OneSource Building Technologies, Potter & Brumfield, Raychem, Schrack, Simel and TDI Batteries.
About FLAG Telecom
FLAG Telecom Group Limited (OTC: FTGLF.PK) owns and manages an extensive global optical fibre network connecting key business markets in Asia, Europe, the Middle East and the USA. FLAG also owns and operates a low latency global MPLS based IP network, which connects most of the world’s principal international Internet exchanges. Its unique network spans four continents, connecting key markets in the Middle East, Asia, the USA and Europe. FLAG offers a focused range of global products, including bandwidth, IP, Internet, Ethernet and Co-Location services to carriers, ISPs, content providers and other broadband operators. Recent news releases and further information are on FLAG Telecom’s website at: www.flagtelecom.com.
About KT Corporation
KT Corporation (KSE : 30200 / NYSE : KTC) is the Korea’s largest incumbent telecom operator and the world’s no.1 broadband service provider. The company also operates the largest international internet backbone infrastructure in Asia and will continue to expand its telecommunications infrastructure in order to timely meet its continuously growing IP traffic.
For more information on KT, visit www.kt.co.kr and contact TaeHo Youn,
Director of International Network Planning & Management Team at +82-31-727-2560 or email@example.com.
This release may contain certain "forward- looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. The forward-looking statements in this release include statements addressing the following subjects: future financial condition and operating results. Economic, business, competitive and/or regulatory factors affecting Tyco's businesses are examples of factors, among others, that could cause actual results to differ materially from those described in the forward-looking statements.
More detailed information about these and other factors is set forth in Tyco's Annual Report on Form 10-K for the fiscal year ended September 30, 2002, as amended, and in Tyco's Quarterly Report on Form 10-Q for the quarter ended June 30, 2003. Tyco is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.