China Broadband Corp. Signs Internet Service Agreement With Corning's Joint Venture in Chengdu, People's Republic of China.Business Editors & High Tech Writers CALGARY, Alberta--(BUSINESS WIRE)--March 27, 2002 China Broadband Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CBBD CBBD California Beer & Beverage Distributors ) announced today that it has signed an Internet Service Agreement to provide data and value-added services to Corning's joint venture, Chengdu CCS (1) (Common Channel Signaling) A communications system in which one channel is used for signaling and different channels are used for voice/data transmission. Signaling System 7 (SS7) is a CCS system, also known as CCS7. See SS7. Optical Fibre Corporation, which is located in the Hi-Tech Development Zone in Chengdu, the capital of Sichuan Province. Chengdu CCS Optical Fibre Corporation, is a large optical fibre manufacturer and is a joint venture between Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. USA and Chengdu Putian Cable Co. Ltd. "This Internet Service Agreement represents one of the largest multi-national corporations we have deployed high-speed Internet See broadband. access and value-added services to," stated Mr. Matthew Heysel, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are committed to providing quality customer services, and have our offices located in the Development Zone to directly meet the technical and customer support requirements of our clients," stated Mr. Rich Lam, Vice President Network Engineering. About China Broadband China Broadband is a leading broadband Internet See broadband. provider in China. The Company, through its operational subsidiary Big Sky Network Canada Ltd., forms co-operative joint ventures with municipal network providers to enable affordable, reliable, high-speed Internet access. The Company launched its first deployment in Shenzhen over the hybrid fibre cable television network; the first launch of two-way commercial Internet access See how to access the Internet. in China. The Company has also launched Internet access on the cable television network in Chengdu, Sichuan, and via a metropolitan area network in a Chengdu Hi-Tech Park. The Company has also executed agreements to enable Internet access in several cities, including Shanghai and Beijing, and throughout the provinces of Hunan and Fujian. The Company has also entered into an agreement with Jitong to provide a fixed wireless solution throughout China over Jitong's existing city-specific and country-wide spectrum. The resulting footprint of cable television subscribers the Company has under these Agreements is in excess of 14 million, representing approximately 15 percent of China's 90 million cable subscribers; the largest cable market in the world (65 million in North America). Under these joint ventures, the Chinese partner contributes the exclusive access to the existing network, while the Company contributes the required capital, management, and Internet technology to enable Internet access once all government approvals are received. For further information please view our website at www.chinabroadband.com. |
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