Asia, or at least a large part of it is going through a telecom boom. Yesterday, Dave Burstein reported in DSL Prime that “China will soon pass the U.S. as the country with the most broadband users, probably mid-2007 at 55M-60M.” And that’s with 12% market penetration. Taiwan’s capital, Tapei went fully wireless yesterday.
On the backhaul side of the business, two Indian state-owned telecommunication companies, BSNL and MTNL have set up a joint venture called Millennium Telecom, a $400 million project to build a “submarine cable system connecting India to Singapore and Malaysia, and to West Asia, the US and Europe.” The news comes close on the heels of the launch of Falcon, a 2.56TB submarine cable system that connects Mumbai with other countries in the Middle East and is part of the FLAG global network.
These seemingly unrelated news bits are part of a larger theme: an ongoing telecom buildout in Asia where broadband and other modern telecom technologies are being deployed as demand explodes.