New telecoms operator Level 3 claims that it is storming ahead with the construction of a network that spans Europe and the US.
The company also announced plans to build a high-speed, broadband cable system connecting Hong Kong to Tokyo.
About 97 per cent of the US portion of Level 3's long-distance network is now under construction, and most of it will be completed in the fourth quarter of 2000, which is three months ahead of schedule.
Level 3 has already finished building 3,400 miles of the multi-conduit network during the fourth quarter of last year, bringing the total length to more than 9,300 miles.
In Europe where Level 3 shares the construction costs of the 4,750 mile long-distance network with European operator Colt, some 1,200 miles of the network were completed in the fourth quarter of last year, while development of the first two of three rings is now underway.
Ring one connects London, Amsterdam, Frankfurt, Paris and Brussels, while ring two links Frankfurt, Hamburg, Berlin and Munich.
Level 3 currently offers services on parts of the network. The company sells Internet access services to 27 and four cities in the US and Europe respectively.
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