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CPCNet partners with SingTel to offer global MPLS-VPN service beyond Greater China


Hong Kong, 10 May 2004 -- CPCNet, a CITIC Pacific Company (SEHK: 267), announced that a strategic alliance has been formed with Singapore Telecommunications Limited (SingTel) to deliver top-notch Multi-Protocol-Label-Switching IP based Virtual-Private-Network (MPLS IP VPN) solutions to customers and enterprises located in the Greater China Region, who are looking for a high-quality, cost effective, fully managed and secure networking solutions and connections to the Asia-Pacific region and the world.

With 14 private POPs across Greater China, CPCNet TrueCONNECT™ is a managed IP VPN service with the most advanced MPLS standard that connects major cities in the region. Through this strategic alliance, CPCNet TrueCONNECT™ can provide a greater geographical coverage with SingTel’s global ConnectPlus IP service, which is built on private IP infrastructure and supported by a dedicated MPLS-enabled platform, covering major economic cities in Asia Pacific, USA, Europe as well as extended coverage through partners’ extensive global and domestic VPN network. Leveraging on the MPLS-based architecture which enables the implementation of Class-of-Services (CoS), customers can enjoy a complete and reliable integrated communications solution provided by the two reputable regional carriers.

The global MPLS-IP VPN service is offered throughout the16 CPCNet offices in Greater China and the 31 SingTel Global Offices located around the world. Both parties will provide end-to-end service including co-ordination with third party telecommunication providers, network planning and design, full technical support and providing a single bill.

Mr. Philip Chiu, Vice President of International Business for CPCNet, said: “We are very pleased to partner with SingTel and be able to extend the coverage of our IP VPN services with SingTel’s global IP network. Together, we will provide premier-connectivity service to bring our customers to Greater China, Asia Pacific and the rest of the world. As we are witnessing rapid growth in the region and also demand for quality data and voice traffic, the partnership between CPCNet and SingTel will leverage on the strengths of both companies to deliver high quality connectivity services and customised solution to enterprises in Greater China and the Asia-Pacific region. This presents an excellent opportunity for us to extend the service offering and enhance the position as a ‘one-stop shop’ for cost effective and quality solutions in Greater China and beyond.”

SingTel’s Vice President for Corporate Business Marketing, Mr. Thomas Yeo said: "We are pleased to have CPCNet as our like minded partner. This partnership is another testimony of SingTel’s strengths & position as the leading communications provider in Asia who has extensive infrastructure in the region and beyond.”

SingTel’s global IP VPN service, ConnectPlus IP VPN, is supported by a comprehensive network of submarine cable systems and satellites. The seamless service, based on MPLS technology, offers high security and allows customers to prioritise traffic using different classes of service.


About SingTel
SingTel is Asia's leading communications group with operations and investments around the world. Serving both the corporate and consumer markets, it is committed to bringing the best of global communications to customers in the Asia Pacific and beyond.
With significant operations in Singapore and Australia (through wholly-owned subsidiary SingTel Optus), the Group provides a comprehensive portfolio of services that include voice and data services over fixed, wireless and Internet platforms.
To serve the needs of multi-national corporations, SingTel has a network of 31 offices in 15 countries and territories throughout the Asia Pacific, in Europe and the USA. These offices enable SingTel to deliver reliable and quality network solutions to its customers, either on its own or jointly with local partners.
The Group also has major investments in India, Indonesia, the Philippines and Thailand. Together with its regional partners, SingTel is Asia’s largest multi-market mobile operator, serving more than 47 million customers in six markets.
SingTel has been recognised Best Asian Telecom Carrier by industry publication, Telecom Asia, for six consecutive years since 1998. The Group employs more than 19,000 people worldwide and had a turnover of S$12 billion (US$7.17 billion) for the year ended 31 March 2004. More information can be found @ www.singtel.com and www.optus.com.au.


About CPCNet Hong Kong Limited
CPCNet Hong Kong Limited, a wholly owned subsidiary of CITIC Pacific (SEHK:267), is a new generation carrier headquartered in Hong Kong, connecting the world to over forty other cities in China. The carrier of choice for corporate customers in the Asian region and around the world requiring seamless connection to China, CPCNet is set apart for its breadth of knowledge of and connections in the Mainland market.

By owning and managing the transparent fully meshed backbone network, CPCNet is able to independently offer TrueCONNECT™, the advanced MPLS-based IP VPN service, and a whole range of communications products and services including GlobalCONNECT, global data services, AlwaysCONNECT high availability mission critical connection solutions and the Secure-In-One multiple function managed security service, along with an array of other IP-related applications and services. For more information about CPCNet, please visit www.CPCNet.com.


About CITIC Pacific Limited
CITIC Pacific Limited' focuses on infrastructure development (power generation, civil facilities, aviation and telecommunications) in Hong Kong and Mainland China. The Company is also involved in motor and consumer products marketing and distribution through its wholly owned subsidiaries Dah Chong Hong and Sims Trading. The Company also develops, owns and manages properties in Hong Kong and Shanghai. The Company's philosophy is strong business and geographic focus, active management, creating shareholder value and excellent corporate governance.


Media Contact:
Priscilla Wat
Phone: 852-2170-7536
Email: mediaenquiry@CPCNet.com


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