Telcos receive go-ahead for APG investment

17 Oct 2012

Vietnam’s prime minister Nguyen Tan Dung has agreed to allow three of the country’s largest telecoms operators to participate in the Asia Pacific Gateway (APG) regional cable project, Voice of Vietnam reports. Viettel, FPT Telecom and CMC Telecom have received permission to invest in the 10,000km submarine cable, which will link a number of countries in the region, including China, Hong Kong, Japan, South Korea, Malaysia, Taiwan, Thailand, the Philippines, Vietnam and Singapore. Other investors in the APG cable, which is slated for completion in 2014, include China Mobile, China Telecom, China Unicom, Chunghwa, Korea Telecom, LG Uplus, NTT, StarHub and Facebook, among others.