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Asia Faces Three-Week Wait for Repairs

FRONT PAGE: NEWS ANALYSIS

LONDON—Regional telecom vendors expect that it will take about three weeks to repair the damage to four critical undersea fiber-optic cables located off the coast of Taiwan that were damaged by an undersea earthquake on December 27, 2006.

The earthquake, which measured 7.1 on the Richter Scale, and its aftershocks simultaneously hit all four of the critical cables that connect Asia and the U.S., making trading between these markets temporarily impossible.

Taiwan's largest telecom vendor, Chunghwa

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