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Telstra Incorporated, a leading global provider of advanced communications services to multinational corporations and service providers (SPs), announced its Asia Express offering today to automate and simplify the global bandwidth procurement process. Asia Express is Telstra's indirect channel solution for connectivity from the US to Hong Kong at aggressively-priced, monthly flat rates with no term commitment. Bandwidths from E1 to STM 4 international private lines are provided. Starting July 1, Clear channel E1 to DS3 activation will take less than a week to install. "This offering changes the rules and revolutionizes the way that carriers are going to be able to procure connectivity into Asia," said Arthur Weissman, Director, Channel Development, Telstra Incorporated. "We are introducing a new business and service delivery model that greatly simplifies the procurement process." tel(x), the leading interconnection provider at 60 Hudson Street, New York City, and Telstra have entered into an arrangement allowing tel(x) customers to obtain a direct connection to Asia by simply cross connecting to the tel(x) Brilliant Platform. This service enables SPs the flexibility to enter into new relationships and to offer the services that their customers require ranging from voice services to global virtual LANs. "Asia Express provides the streamlined transactions that carriers have been asking for while saving them from the activation delays and lengthy negotiations that plague today's global bandwidth marketplace," Weissman added. "It gives them the flexibility they need to try out new business relationships and new routes, or to manage risk on behalf of enterprise customers. This is not just a PoP to PoP (point of presence) solution. We can also provide connections directly to a customer's premises in Asia, as well." "We are delighted to work with Telstra, a trusted leader in the Asia Pacific region, on this innovative offering," said Hunter Newby, Chief Strategy Officer of tel(x). "Telstra offers one of the most easy -to- use bandwidth procurement process available on the market today." "We are pleased to offer this service in conjunction with tel(x) one of the premier operators of telecom 'meet-me' interconnection facilities," said Dan Kerth, President & CEO of Telstra Incorporated. "The service will be offered using a direct cross-connect through tel(x)'s Brilliant Platform and will benefit from the visibility provided by the highly trafficked tel(x) facilities." About Telstra Incorporated Telstra Incorporated is the US subsidiary of the Australian-based telecommunications company, Telstra Corporation Limited. Telstra Corporation Limited (NYSE: TLS) is Australia's leading domestic and global full service telecommunications provider and the operator of one of the most diversely routed IP backbone networks in the Asia Pacific region. Telstra owns one of the most technologically advanced global networks, offering an extensive portfolio of state-of-the-art solutions to global customers including voice, mobile, broadband, IP, MPLS and managed services. For further information visit: http://www.telstra-usa.com. About tel(x) tel(x) is the internationally recognized, premier operator of telecom "meet-me" network interconnection facilities. The tel(x) facilities are considered two of the most densely populated "core" interconnect sites in North America. More than 200 networks physically converge within tel(x)'s New York City facility and more than 80 networks physically converge within its Atlanta facility. Often described as a "marketplace" for network services, tel(x) actively promotes, encourages, and facilitates telecom business opportunities between and among its carrier and enterprise customers. tel(x) customers report higher revenue, greater profit margins, and lower costs from their tel(x) based network operations. Known for its "best of class" facilities and customer support services, tel(x) continues to enjoy industry leading growth, expansion, and profitability. tel(x) is a privately held company, headquartered in New York City, USA. For more information, visit www.telx.com or call 212.480.3300. Reference number: 197/2005