In an effort to tap into the fast-growing data-delivery demand
between Asia and Europe, Russian telecom operator TransTeleCom
opened an office in Beijing yesterday, Russia's first in the
Asia-Pacific region.
"The office will play an essential role for us to implement the
Eurasia Highway project, which is the shortest digital route
interconnecting European and Asian telecommunication networks,"
said Sergei Lipatov, president of TransTeleCom.
TransTeleCom, which was founded in 1997 to provide
telecommunications services to Russian Railways, now operates the
largest fiber-optic network in Russia, with more than 50,000 km of
line laid along its railroads. The Russian company is now using its
network in Russia to build the Eurasia Highway, a transcontinental
route for data transit between Europe and Asia.
The company says the Eurasia Highway is much more protected from
natural disasters such as earthquakes, compared to existing transit
routes along the seabed of the Indian Ocean. It is counting on the
route to account for more than 15 percent of the data-transit
market between China and Europe, which it expects will quadruple to
$500 million by 2011.
"The new office will help us further develop ties with Chinese
telecom operators for the Eurasia Highway," said Lipatov. "The
route, with Hong Kong as a key transit hub, needs the support of
Chinese operators."
The Russian company has worked with four Chinese telecom
operators - China Unicom, China Netcom, China Tietong and China
Telecom -since 2002 to build networks in China for the Eurasia
Highway. It's also considering similar cooperation with other
Chinese telecom companies.
Earlier this year, TransTeleCom also established a joint project
with Japan NTT Communications to build an underwater fiber-optic
cable between Sakhalin and Hokkaido as part of the Eurasia
Highway.
TransTeleCom expects its Beijing office to support the growing
number of Russian companies in China.
(China Daily September 19, 2007)