Wholesale/transport services

Submarine Cable Cabal Announced

CHELMSFORD, Mass., and TOKYO -- Chelmsford and Tokyo, 8th March 2001 - NEC Corporation (NEC), Global Marine Systems Ltd.(Global Marine) and OCC Corporation (OCC) today announced a strategic alliance to deliver integrated submarine cable networks. Combining their respective expertise in the development and the turnkey implementation of submarine cable networks, the three companies will capitalize on their strengths to develop high quality, speed-to-market and cost-efficient submarine network infrastructure.

Kentaro Oka, Vice President - International Sales Unit of NEC Corporation stated, " We are delighted to have entered into an alliance with Global Marine and OCC, a leading submarine service and cable provider. The three companies share a common vision to be the leading provider of global submarine cable networking solutions. The combination of our proven expertise in meeting the needs of the industry clearly signals our leadership in providing integrated telecommunications networks. We believe that the partnership will elevate our position in the telecommunications value chain."

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