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Taiwan : Chunghwa Telecom Planning Multi-Billion Fiber-Optic Network Expansion.


Byline: deepak03

Taiwanese broadband operator Chunghwa Telecom Not to be confused with China Telecom.

Chunghwa Telecom (Traditional Chinese: 中華電信; Hanyu Pinyin:
 has announced plans to spend around TWD TWD

In currencies, this is the abbreviation for the Taiwan Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
30 billion ($929m) annually over the next two to three years to expand its fiber-optic network according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Newswire report.

The report quoted Joseph C.P. Shieh, chief financial officer of Chunghwa, as saying that the company is planning the network expansion to meet the increase in demand.

The telecom operator expects to add 10 million fiber-optic network subscribers through the expansion. Its current subscriber base is 15.1 million. The company said that mobile broadband business will boom this year, with the number of subscribers expected to increase to 370,000, compared to 160,000 last year.

Sheih said: "It is our objective to increase investment in optical-fiber network every year as we see more Asymmetric Digital Subscriber Line (communications, protocol) Asymmetric Digital Subscriber Line - (ADSL, or Asymmetric Digital Subscriber Loop) A form of Digital Subscriber Line in which the bandwidth available for downstream connection is significantly larger then for upstream.  users migrate to optical fiber as multimedia-on-demand services gain popularity among users, and customers need bigger bandwidth."

Earlier this year, Chunghwa along with China Telecom announced plans to cooperate on a 60km undersea cable project across the Taiwan Strait. The company also paid TWD60m ($1.76m) for a 30% stake in 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.
 and Sony subsidiary So-net Entertainment Taiwan, to use So-net's video distribution to add 550,000 new fiber-optic subscribers this year.

Copyright : Euclid Infotech Pvt. Ltd.

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Publication:TendersInfo
Date:Oct 21, 2009
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