BCE Teleglobe Connects Vietnam's Largest Internet Service Provider to North America.Business Editors/Hi-Tech Writers RESTON, Va.--(BUSINESS WIRE)--March 6, 2002 Agreement Marks First Reliable, High-Speed Internet Connectivity via Satellite for Customers of Vietnam Datacommunications Company Teleglobe Communications Corporation (BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Teleglobe)(NYSE NYSE See: New York Stock Exchange , TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : BCE), a leading provider of global communications and e-Business services, today announced it has established a connection with Vietnam's largest Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. to offer Internet connectivity to its IP backbone in North America by satellite. The agreement with the state-owned Vietnam Datacommunications Company (VDC VDC Volts Direct Current VDC Venture Development Corporation VDC Vehicle Dynamic Control VDC Village Development Committee (Nepal) VDC Virtual Data Center VdC Verband der Cigarettenindustrie ) is the first time VDC has had direct satellite connectivity with a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Internet backbone provider, enabling high-speed communications between Vietnam and North America. BCE Teleglobe is providing VDC with a satellite connection between North America and Vietnam to its global high-speed network backbone through a dedicated high bandwidth connection. VDC is using the bandwidth to offer faster, more reliable Internet connections and international data transport to business and consumer customers in Vietnam. "VDC represents BCE Teleglobe's continuing expansion into the Asia-Pacific market and our first foray into Vietnam," said Andrew Kwok, BCE Teleglobe's vice president and managing director, Asia Pacific. "BCE Teleglobe is delivering high-speed Internet connectivity to several other countries in the region, including Australia, China, Hong Kong, Japan, Korea, Malaysia, Philippines, Taiwan, Thailand and a number of Pacific Islands. VDC needed the most reliable and experienced provider for their growing business and consumer market and turned to BCE Teleglobe for this expertise." BCE Teleglobe recently became the first global Internet backbone provider with the ability to offer IP services seamlessly over a multi-protocol label switched (MPLS (1) (MultiProtocol Lambda Switching) The earlier name for GMPLS. See GMPLS. (2) (MultiProtocol Label Switching) A standard from the IETF for including routing information in the packets of an IP network. ) packet network. "This agreement significantly reduces the complexity and cost of going through multiple international networks to secure intercontinental connectivity," said Vu Hoang Lien, director of VDC. "BCE Teleglobe's reputation as a sophisticated satellite services provider made them the logical choice for helping us provide reliable service between Vietnam and North America." About BCE Teleglobe BCE Teleglobe, a leading provider of global communications and Internet services, enables its customers to maximize the potential of the Internet through its delivery of hosting services, content distribution and global connectivity. With a lit capacity of 10 Million+Gbps-miles, 149 POPS serving more than 110 cities and approximately 300,000 square feet of hosting facilities, BCE Teleglobe has one of the world's largest international Internet backbones serving a broad base of enterprise, Internet content provider See content provider. (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ), Internet service provider (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) and carrier customers. BCE Teleglobe is expanding its network with its GlobeSystem initiative, a multi-billion dollar IP network and hosting deployment that will provide a robust platform for a portfolio of Internet and data services. BCE Teleglobe is owned by Bell Canada Enterprises (BCE) Inc., based in Montreal, Canada. For more information, visit www.bceteleglobe.com. About VDC VDC, a subsidiary under VNPT VNPT Vietnam Post and Telecommunication Corporation , is a leading company in the IT industry in Vietnam. VDC is one of the larger IXP/ISPs and occupies approximately 65% of the market share of Internet service providers in Vietnam with growth of 200% annually. VDC is the only ISP with Internet network coverage in 61 provinces and cities throughout Vietnam. Some of the main products and services provided by VDC include: Internet, Frame relay, online services, training and consulting services and IT Intergrated solutions. Some recent projects include: Design and set-up of the accounting system WAN for Post Offices in the cities and provinces all over the country; and Designing and set-up of the Internet network in all provinces and cities of Vietnam. This release contains information about management's view of BCE Teleglobe's future expectations, plans and prospects that constitute forward looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from those indicated by these forward looking statements, as a result of a variety of factors including, but not limited to, competitive developments, risks associated with BCE Teleglobe's growth, the development of the Internet market, regulatory risks and other factors that are discussed in BCE Teleglobe's Annual Information Form and other documents periodically filed with the SEC. |
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