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KT Corp to Construct New Submarine Cable for Enhanced Asia Connectivity

ALPHA Project Aims to Meet Rising Cloud Services and Internet Traffic Demands in Asia
South Korea
k 030200.KO Mid and Small Cap 2000
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South Korea’s telecommunications giant, KT Corp., has announced plans to construct a new submarine cable system, a move designed to address the escalating demand for cloud services, big data, and internet traffic in Asia. This development is part of the company’s strategic expansion to enhance digital connectivity across the region.

The Asia Link for Advanced Performance of High-speed Access (ALPHA) Project, as it is named, is a collaborative effort involving KT and telecom companies from various countries, including Indonesia and Japan. This was formalized through a memorandum of understanding (MOU) signed by the parties. The proposed network will span multiple countries, linking South Korea, Japan, the Philippines, Indonesia, Malaysia, Singapore, and Vietnam.

KT is not new to the realm of undersea cables. The company currently co-manages seven major international submarine cables, including the Asia-Pacific Cable Network 2 (APCN-2) and the Asia-Pacific Gateway (APG). These cables play a crucial role in meeting the global demands for dedicated international lines and ensuring robust internet connectivity.

Having led the consortium for five of these cable networks, KT brings significant expertise to the ALPHA project. The company aims to complete the planning phase within this year, focusing on integrating advanced technology and determining the most efficient cable routes. This will be carried out in close cooperation with its consortium partners.

This initiative by KT Corp. is a testament to its commitment to improving digital infrastructure in Asia. By enhancing the region’s connectivity, the ALPHA project is set to contribute significantly to the technological advancement and economic growth of the participating countries.

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