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China
breakthrough for 3D Networks
SINGAPORE, January 16, 2003: Planet One’s acquisition
of Tong Guang-Nortel Limited Liability Company (TGNT),
the manufacturer and distributor of Nortel Networks*
Meridian* telephony products in China, signifies a
major milestone in Planet One’s objective to
be the leading integrator of communications networks
and systems for enterprises in the Asia Pacific region.
Singapore-based Planet One Pte. Ltd., a substantial
investor in IT technology companies that provide synergies
to its core business in the region, acquired TGNT on
December 31, 2002 through its subsidiary 3D TGNT Holdings
Pte. Ltd.
“
3D TGNT will give the group a quality foothold in the
vast Chinese market, where we can further develop our
presence in the systems integration field," said
Planet One’s Chief Executive Officer, Mr. Yoon
Mun Chiew. He added that 3D TGNT will form part of
the existing 3D Networks business, the arm of Planet
One that focuses on the integration of communications
networks and systems for enterprises.
“
Throughout Asia Pacific, 3D Networks is a Nortel Networks
channel partner and we see this move as strengthening
this relationship and ultimately both of our businesses,” said
Barry Southern, president, Enterprise Solutions, Asia
Pacific, Nortel Networks. “In 2002, we invested
heavily in building our channel strategy in Asia to
fully support our partners and we will continue our
work in 2003.”
Planet One’s long-term objective will be to develop
the company as a multi-skilled and multi-product enterprise
to support the full suite of Nortel Networks Enterprise
solutions. 3D TGNT will also be strengthened with a
two-pronged strategy, involving the establishment of
a direct presence in important major upcoming markets
and the development of a comprehensive reseller network
to cover the rest of the China market.
Based in Shenzhen in southern China, Tong Guang-Nortel
was established in 1988 through a joint venture between
China’s Tong Guang Electronics Corporation and
Canadian-based Northern Telecom Limited (Nortel Networks).
With a 200-strong staff, it has representative offices
and points of presence in six strategic locations across
mainland China, including Beijing and Shanghai. The
company is the sole distributor of Nortel Meridian
1* based voice network products, and also has distribution
rights for other Nortel Networks enterprise products.
Mr. Yoon said that through strategic and on-going investment
in IT companies that add synergies, either by geographical
coverage or by contributing products or skills sets – such
as 3D Networks, Net ProActive Services, FCS Computer Systems,
and now TGNT – Planet One was developing a powerful
regional technology services network equipped to support
global and regional enterprises in their information
and communications needs across the region.
3D TGNT Chief Executive Officer, Mr. Charles Lim went
further. He said “Planet One is now one step
closer to making its 3D Networks operation a true regional
pan-Asian player as a leading systems integrator with
expertise in converged voice and data networks, especially
concentrating on Voice over Internet Protocol (VoIP)
technology”.
“VoIP technology, as an anchor application running over a unified communications
network, is fast becoming a commercially viable technology that enterprises will
adopt in the near future to minimize the costs of their voice communications,” said
Mr. Lim.
* Nortel Networks, Meridian and Meridian 1 are trademarks of Nortel Networks.
- Ends -
About 3D Networks
3D Networks is a regional systems integration company for both voice and data
communications networks. 3D Networks has operations in Australia (five offices),
India (five offices), Singapore, Malaysia, Thailand and Philippines and Hong
Kong. Its acquisition of TGNT will significantly expand this network. 3D Networks
specialises in Call Centres, Internet Protocol based telephony (IP Telephony),
and in collaboration with its sister subsidiary Net ProActive Services, value added network
management services. 3D Networks has sole distribution rights for Australia for
Nortel Networks M1 based enterprise products, and will have similar status in
China through 3D TGNT.
For further information contact:
Binh Duong
Marketing Director, Asia Pacific
Planet One Pte Ltd
www.planetone-asia.com
Direct Line: +61 3 9590 1722
Mobile: +61 408 660 646
Email: binh.duong@planetone-asia.com
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