Telcos pursue $700 million Europe-India cable

AT&T and Verizon Communications were among the 16 network operators to join the Europe-India Gateway consortium this week as the EIG unveiled a plan to construct a 15,000 km., $700 million undersea cable linking Europe and India. the cable is scheduled by be completed in the second quarter of 2010.

Numerous undersea cable ventures are planned over the next few years to greatly boost capacity between various continents, with most of the projects focused on link the U.S or Europe with Asia growth centers China and India. The EIG cable is targeting 3.84 Tbps capacity.

For more:
- see this story at TeleGeography's CommsUpdate

Related article:
- The Trans-Pacific Express undersea cable consortium also counted Verizon and AT&T as members. TPE report