SingTel subsidiary wins South Korean license

SingTel subsidiary wins South Korean license

SINGAPORE: Singapore Telecommunications' (SingTel) cable
subsidiary C2C said Wednesday it has secured a license to own and
operate telecoms infrastructure facilities in South Korea.

ILJIN C2C, a joint venture between the SingTel unit and South
Korea's ILJIN group, will provide city-to-city connectivity
services to key Asian countries, the United States as well as
India using C2C's pan-Asian cable network, it said in statement.

"Korea is among the fastest growing broadband market in Asia
with an estimated 9.86 million connections, almost half of the
region's total of 20.9 million," Yim Kwok Weng, chief executive
of ILJIN C2C, said in a statement.

"The demand for bandwidth in the country is expected to
continue to grow as many broadband users and software developers
in Korea are constantly requiring more bandwidth for new
applications," Yim said. -- AFP