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Asia network affected by earthquake


Wednesday, December 27, 2006 Telecommunications around Asia were severely disrupted on Wednesday after earthquakes off Taiwan damaged undersea cables, slowing Internet services and hindering financial transactions.

International telephone traffic was restricted from some countries and Internet access slowed to a crawl. Sources working with Asian telecoms providers said it could take several weeks before all the cables were repaired.

South Korea's top fixed-line and broadband service provider, KT Corp, said six submarine cables were knocked out by Tuesday night's earthquakes.

"Twenty-seven of our customers were hit, including banks and churches," a KT spokesman said. "It is not known yet when we can fully restore the services."

The foreign exchange market suffered in Seoul, with trade in the won extremely slow during the morning.

Some disruption was also reported in the important Tokyo currency market but the EBS system that handles much dollar/yen trading appeared to be working.

Global information company Reuters Group Plc said users of its services in Japan, South Korea and Taiwan had been affected, although dealing services were restored in Tokyo during the afternoon.

The main quake, measured by Taiwan's Central Weather Bureau at magnitude 6.7 and at magnitude 7.1 by the U.S. Geological Survey, struck off Taiwan's southern coast at 1226 GMT on Tuesday. Two people were killed.

By: DocMemory
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