“We got the required budget for the project, around US$300 million. The first phase is expected to be completed by 2013,” Lee said. “NTT Communications is making a long-term investment. Hong Kong is a starting point, but we will soon be revealing our plans for markets in Singapore and Malaysia.”
According to Lee, NTT Communications is also making investments in Vietnam in terms of IT infrastructure. On a wider scale, NTT Communications is also making investments into submarine cables for the Asia Submarine-cable Express (ASE), which will have direct links to the new FDC in Hong Kong. “What that means is that the submarine [cable] would land in the FDC, and users of the FDC will no longer need to go through the local access but through the datacentre to enjoy high-speed direct international connectivity. That will also benefit latency-conscious user access — like those users who want to reach Singapore and Tokyo trading markets in the fastest possible way.”
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