KDD Corporation
KDD Submarine Cable Systems Inc.

KDD Corporation and its subsidiary, KDD Submarine Cable Systems Inc. (KDD-SCS; Main Office: Shinjuku-ku, Tokyo; President: Yasuhiko Niiro) agreed today to invest in C2C, a cable construction and maintenance company established by Singapore Telecommunications Ltd., together with other seven companies including telecoms carriers in the Asia Region. The investment share of KDD group is 4.25% and its total amount of investment is US$ 30million (approx 3.24billion yen).

C2C, aiming at marketing bandwidth expected to increase with the growth of demands for the Internet in the Asia-Pacific Region, will construct the C2C Cable Network. The network that has a total length of 17,000 km connecting Japan, Korea, China (planned), Taiwan, Hong Kong, the Philippines and Singapore in a loop configuration will expected to be in service by the third quarter of 2001.

Its circuit capacity can be expanded up to 7.56 Tbps (equivalent to approx. 150,000 circuits in units of 45 Mbps circuit), using the latest DWDM (note) technology. With this C2C Cable Network will be one of the largest-capacity submarine cables in the world.

In order to enhance usefulness for cable users, the C2C Cable Network will provide the backhaul networks to main cities in the landing countries, as well as secure the capacity in the trans-Pacific submarine cables for access to the United States.

KDD Corporation will be working on building a more reliable global network with the C2C Cable Network, by providing its Japanese section with the cable landing facilities in both the Kanto and the Kansai regions, and connecting the network with other international submarine cables in the Pacific and Asia Regions landed currently at the KDD's submarine cable relay stations.

(Note) DWDM (Dense Wavelength Division Multiplexing) technology A wavelength division multiplexing technology that enables transmission of larger-volume information by carrying simultaneously a multitude of optical signals with different wavelengths on a single optical fiber.

2. Contract Awarded to KDD-SCS for Construction of C2C Cable Network

KDD-SCS received today the order for constructing the C2C Cable Network together with TyCom Contracting Ltd. (Main Office: Bermuda Islands) and signed a supply contract.

The sections KDD-SCS contracted this time are those of Japan inland and between Japan and Manila, spanning a total length of about 4,200 km, and the contract price amounts to aprox. US$ 300 million (approx. 32.4 billion yen).

As proved by successive winning of contracts until the present for cable construction projects including TPC-5 CN, China-US CN, Japan-US CN and PC-1 in the Pacific Region, EAC in Asia, and TAT-14 in the Atlantic Region, KDD-SCS's technology at the world-top level and track records have enabled the company to secure the order.