Alexa

Asian firms see networks improve

Asian firms see networks improve

Asian companies say they have overcome problems with their communications networks a week after an earthquake off Taiwan damaged undersea fiber-optic cables in the region's worst disruption to Internet traffic.
Companies from Kuwait Finance House, the Persian Gulf's largest Islamic investment bank, to Nippon Yusen K.K., Japan's biggest shipping line, last week resorted to faxes and mobile phones after parts of the region lost Internet access. Much of Asia's workforce, which dwindled during the Christmas-New Year holiday season, returned to full strength yesterday.
"We did have difficulties in the first two or three days after the quake but after we rerouted our lines via a third country, all problems have been resolved and everything is normal now," said Jason Wang, executive vice president of Chinatrust Financial Holding Co., Taiwan's fourth-biggest financial services company by market value, in a phone interview yesterday.
The Hong Kong Stock Exchange and the city's Securities & Futures Commission reported normal operations last week.
Chunghwa said December 30 that 99 percent of its phone services for major customers, which together contribute 15 percent of the company's international revenue, were restored.
China Telecom Corp., the nation's biggest fixed-line phone service provider, said over the weekend that Internet service had returned to 70 percent of the company's normal operation, while voice services to Hong Kong and Macau were back to normal.
Voice and Internet access in Singapore was also "back to normal," said Singapore Telecom, Southeast Asia's largest operator.
"We've already restored the Internet service for both consumer and corporate customers," said Peter Heng, spokesman for Singapore Telecommunications Ltd. in Singapore. "We're working closely with our consortium cable partners as well as other network operators to expedite the restoration of International Private Leased Circuits."