Asia Global Crossing, which is in the process of building a pan-Asian undersea fibre optic cable, last week took a big step towards serving one of Asia's major Internet markets with the signing of a landing deal with Dacom, a major data communications service provider in South Korea.
Under the terms of the deal, Dacom will bring the new East Asia Crossing fibre cable into a landing station in Tae An, South Korea, and the two companies will work together to pursue other Internet business to be decided at a later date, they said in a statement.
East Asia Crossing is planned to connect eight Asian nations, subject to regulatory approval, and also to interconnect with other undersea fibre optic cable systems. Landing stations are planned in Japan, Taiwan, South Korea, Hong Kong, Singapore, Malaysia, the Philippines, and China. The new Korean landing station is expected to come online in June 2001.
Dacom also committed, subject to the execution of a final agreement, to purchase capacity on Asia Global Crossing's two cable networks - Pacific Crossing 1 and East Asia Crossing.