Reach Limited

Reach Limited
Joint venture
Industry Telecommunications
Founded 2001
Headquarters Hong Kong SAR, China
Area served
 Worldwide
Products Submarine cable operator
Number of employees
 300
Subsidiaries Reach Networks Hong Kong[1]
Website www.reach.com

Reach Limited is a Bermuda-incorporated holding company. It is a joint venture of Telstra and PCCW. Reach, headquartered in Hong Kong, has interests in more than 40 submarine cables (including AJC, APCN2, CUCN, Japan–US, RNAL, SEA-ME-WE 3) and international satellite systems, mainly servicing the Asia Pacific area. Reach has operating licences and landing rights in most major markets including Hong Kong, Japan, Korea, Taiwan, Singapore, Australia, North America and Europe.

History

Reach was established as a joint venture between Telstra and PCCW in 2001.[2][3] Telstra and PCCW injected their international assets, including subsea cables, gateways and satellite capacity into Reach. These assets were supplemented later the same year by the acquisition of Level 3 Communications' Asian assets. After financial difficulties, its shareholders negotiated a debt settlement in June 2004,[4] and it is now financially stable.[5] Reach was restructured,[6] and in 2005 announced that nearly all future expansion would be used for Telstra and PCCW requirements, though it would continue to service its other customers. Reach's website advertises their wholesale voice & data services.

Network

The company operates 364,000 km (226,000 mi) of network cables connecting 240 countries and territories.[7]

Working with FBI

Telstra was compelled to strike a 2001 deal with the FBI and the US Department of Justice to give them surveillance access to the undersea cables owned by its subsidiary Reach, a new document released online and provided to Crikey reveals.[8][9][10]

References

  1. ↑ http://www.hkexnews.hk/listedco/listconews/sehk/2016/1223/LTN20161223193.pdf
  2. ↑ "Telstra and PCCW Launch Joint Ventures" (PDF) (Press release). Reach. 7 February 2001. Retrieved 18 March 2018.
  3. ↑ "Telstra, PCCW reach into Singapore market". Computer World. IDG Communications. 10 July 2001. Retrieved 18 March 2018.
  4. ↑ http://www.reach.com/news/news_archive/Reach_release_180604.pdf
  5. ↑ "PCCW, Telstra settle Reach debt". South China Morning Post. Retrieved 2018-03-18.
  6. ↑ "PCCW, Telstra restructure Reach". South China Morning Post. Retrieved 2018-03-18.
  7. ↑ "REACH : About REACH : Overview". reach.com.
  8. ↑ "Telstra PCCW Reach deal with FBI and Department of Justice surveillance access to cables - Crikey". crikey.com.au.
  9. ↑ http://media.crikey.com.au/wp-content/uploads/2013/07/US-NSAs-Telstra.pdf%5Bpermanent+dead+link%5D
  10. ↑ "Why US spies wanted to tap Reach, PCCW-Telstra cable joint venture". South China Morning Post. Retrieved 2018-03-18.


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