PLDT, NTT Com, StarHub and TM to Build $430M Fiber-optic Cable System

Philippine Long Distance Telephone Company (PLDT, PSE: TEL) has signed a construction and maintenance agreement with Japan’s NTT Communications and Singapore’s StarHub to build Asia Submarine-cable Express (ASE), a $430-million next-generation high-bandwidth optical fiber underwater cable system. Telekom Malaysia (TM) signed a separate agreement with NTT Communications in Kuala Lumpur.  The 7,200-kilometer ASE system will […]
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