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Faster broadband for families
By Zhu Shenshen |
June 3, 2009, Wednesday
|
Online Edition
Online Edition
ALMOST all Shanghai families will be able to access upgraded fixed-line broadband services 50 times faster than the current speed within three years, China Telecom's Shanghai branch said today.
The city's biggest fixed-line phone carrier, which plans to invest 26 billion yuan in Shanghai within two years, will also improve broadband networks and provide related systems in local industrial zones.
"Shanghai Telecom's improved broadband services are necessary for the city to establish itself as an international finance and shipping center," Zhang Weihua, Shanghai Telecom's general manager, said.
By the end of 2009, more than 750,000 families will have access to fiber optic lines connecting their homes, and these work at up to 100 megabits per second (Mbps) compared with one or two Mbps now, according to the MONET (Metro Optical Network) plan.
By 2010, about 1.5 million families will have access to fiber optic lines and 3.0 million by 2011, compared with the current 3.6 million family broadband users, according to Shanghai Telecom.
The MONET plan will attract an investment of between 25 and 30 billion yuan in associated industries, such as chip and network equipment sectors. Alcatel-Lucent Shanghai Bell, Huawei Technologies and ZTE Corp will be involved.
Shanghai Telecom will sign agreements with industrial zones to provide them with upgraded networks, digitized management systems, monitoring and security systems and expanded international Internet lines.
Shanghai Telecom today signed an agreement with Zhangjiang High-Tech Industrial Park, often referred to the local Silicon Valley, to convert it to a digitized industrial zone.
The city's biggest fixed-line phone carrier, which plans to invest 26 billion yuan in Shanghai within two years, will also improve broadband networks and provide related systems in local industrial zones.
"Shanghai Telecom's improved broadband services are necessary for the city to establish itself as an international finance and shipping center," Zhang Weihua, Shanghai Telecom's general manager, said.
By the end of 2009, more than 750,000 families will have access to fiber optic lines connecting their homes, and these work at up to 100 megabits per second (Mbps) compared with one or two Mbps now, according to the MONET (Metro Optical Network) plan.
By 2010, about 1.5 million families will have access to fiber optic lines and 3.0 million by 2011, compared with the current 3.6 million family broadband users, according to Shanghai Telecom.
The MONET plan will attract an investment of between 25 and 30 billion yuan in associated industries, such as chip and network equipment sectors. Alcatel-Lucent Shanghai Bell, Huawei Technologies and ZTE Corp will be involved.
Shanghai Telecom will sign agreements with industrial zones to provide them with upgraded networks, digitized management systems, monitoring and security systems and expanded international Internet lines.
Shanghai Telecom today signed an agreement with Zhangjiang High-Tech Industrial Park, often referred to the local Silicon Valley, to convert it to a digitized industrial zone.
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