Seaborn Networks, a service provider building the Seabras-1 submarine cable network that will connect the United States with Brazil, on Monday said its network partner Alcatel-Lucent (NYSE: ALU) mobilized vessels to conduct marine surveys.
Conducting these surveys is the next major step Alcatel-Lucent Submarine must take to build out the Seabras-1 network.
Upon completion, the 32 Tbps-capable system will provide a submarine cable connection from New York to Sao Paulo with an additional branch landing in Fortaleza.
Already, the Seabras-1 system has attracted both Sidera Networks and Tata Communications.
Sidera will purchase capacity on the Seabras-1 system to extend its low latency fiber network services to Sao Paulo, Latin America's largest financial services center. Last October, Sidera, which is now in the process of merging with Lightower Fiber Networks, launched a major network initiative in Virginia and further into southern states including North Carolina.
While the Seabras-1 network won't be officially completed until next year, the company's timing could not be any better. According to the Brazilian Electrical and Electronics Industry Association (ABINEE), Brazil's telecom market is set to grow an additional 7 percent this year.
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