The state of Hawaii has approved $30 million in grants to draw as many as 80,000 high-paying technology sector jobs to the islands over the next 15 years. But the plan could fail without substantial investment in the state's broadband system.
The surge of both new submarine cable systems and upgrades of existing systems is having two benefits: more capacity and lower prices, a new TeleGeography report indicates. Ongoing cable builds have
LION2 (Lower India Ocean Network), a cable system led by France Telecom-Orange (NYSE: FTE) that will connect parts of Africa to other international backbone networks is ready to provide service. One
While Haiti continues to recover from the earthquake that hit its country two years ago, it may become a major connectivity hub as Digicel begins construction on its new 200 km undersea cable system.
Tata Communications (NYSE: TCL) has put the final touch on its Tata Global Network-Eurasia (TGN-EA) cable, a new submarine system that extends from Europe to India, through Egypt, with the ability to
Reliance Communications plans to divest a 75 percent stake in its FLAG Telecom submarine cabling business, reports Business Standard. According to a prospectus filed on the Singapore Stock Exchange,
Seaborn Networks is the latest service provider to lay its stake in the submarine cabling segment with a new system that will provide a direct route between the Unites States and Brazil. Set to go
Telebras, Brazil's state-owned telecom provider, is taking off the covers of a new submarine cable network that will connect Brazil to the United States, Europe, Africa and South America's...
Fueled by an ever-growing demand for bandwidth, traffic on intra-Asian submarine cable systems will rise 39 percent annually over the next six years. These routes, reports TeleGeography in its Global
Reliance Communications is looking for ways to raise some cash and it believes that by selling a big stake of its Flag Telecom cable system it could raise up to $1.5 billion, reports Bloomberg.