China Wireless Acquires & Deploys High-Speed Broadband Fiber Optic Network In Shenzhen City
Posted on: Thursday, 15 July 2004, 06:00 CDT
DENVER, July 15 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc. (BULLETIN BOARD: CWLC) is pleased to announce that it has acquired and deploying fiber optic technology to build a high speed broadband metro network in Shenzhen, China. China Wireless' second city fiber network deployment can support over 100,000 business-class high speed broadband connections. The network is 60 kilometers in length, and forms the foundation for China Wireless' high speed broadband transport expansion into Shenzhen.
As the first special economic zone, Shenzhen is one of the most active economic cities in China. Its average GDP increases at a rate of 14% each year. The fast-developing city has attracted several business corporation domestically and internationally fueling its growth. According to statistical data from Shenzhen authorities, the city has attracted over 6,000 foreign enterprises which require high-speed cost-effective broadband connections. It is expected that Shenzhen will be another large broadband market in China.
Mr. Kent Lam, President of China Wireless's Beijing subsidiary commented, "The deployment is a part of our plan of replicating our Beijing model into other key cities in China. We will reach more bandwidth-starved customers in Shenzhen and provide our services for them. We will make every effort to expedite the completion of our deployment plans."
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO provides a suite of broadband data services, including support for Internet access and Voice over IP in Beijing, China through its wholly owned subsidiary, In-Touch Communications. We use secure, reliable fixed wireless technology to provide the 'last mile' connection to link bandwidth-hungry businesses to our fiber- optic backbone, and to the networks of our telecommunications partners. Our "Wireless Fiber" services provide the capacity and reliability of fiber-optic networks, over a fixed wireless connection. As a result, we capitalize on faster deployment and maintain targeted capital spending available only through these advanced technologies. Our systems are used to provide redundant high-speed network access connections, Voice over IP and transport services that include IP data, video and ISP services. The Company is publicly traded on the OTCBB under the symbol "CWLC".
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements". The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.
CONTACT:
Michael Bowden
Vice President
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
http://www.chinawirelesscommunications.com/
303-277-9968
China Wireless Communications, Inc.
CONTACT: Michael Bowden, Vice President of China WirelessCommunications, Inc., +1-303-277-9968, info@chinawirelesscommunications.com
Web site: http://www.chinawirelesscommunications.com/
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