Telecom & Wireless

GigaMedia And Hutchison Launch Network Service

GigaMedia (Nasdaq: GIGM) announced earlier this week the expansion of the company's corporate ISP product line to include ON-NET.

Developed by GigaMedia and Hutchison Global Communication, ON-NET offers telecommunication network services that are intended to address the challenges that businesses in Taiwan, Hong Kong and China are having resulting from regional growth and development.

GigaMedia and HGC estimate that there are currently more than 60,000 businesses in Taiwan with operations in Hong Kong and China. This regional economic integration is driving significant telecommunication demand. ON-NET services are intended to target the gap left by existing telecom services that do not address the "fundamental challenges of network integration caused by regional business expansion"–connecting remote branch offices and project teams to the main corporate network simply, securely and efficiently.

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