Global Crossing Ltd.
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Sonus to invest US$3m in Asia
News Network equipment maker Sonus Networks Inc expects to invest up to US$3 million in Asia Pacific (including Japan) by year end.
Hutchison, Global Crossing to form Net venture
News Hutchison Whampoa and Global Crossing Ltd., a Nasdaq-listed Internet service provider, said they will form a US$1.2 billion venture to offer Internet-related services in Hong Kong.
CyberWorks-Telstra venture to build US$3b cable
News Pacific Century CyberWorks Ltd, which just formed an Internet protocol backbone venture with Telstra Corp, will build a global cable network costing as much as US$3 billion.
Telstra-CyberWorks JV may miss profit forecasts as prices slide
News Reach Ltd, an Internet venture between Pacific Century CyberWorks Ltd and Telstra Corp, may miss its profit forecasts because prices are falling for the network access it sells, analysts and investors said.
Telstra-CyberWorks JV may miss profit forecasts as prices slide
News Reach Ltd, an Internet venture between Pacific Century CyberWorks Ltd and Telstra Corp, may miss its profit forecasts because prices are falling for the network access it sells, analysts and investors said.
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