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Broadband

Brazil, Europe to invest USD 185 mln in undersea cable

Tuesday 25 February 2014 | 10:14 CET | News
Brazil and the European Union have agreed to deploy an undersea communications cable linking the Portuguese capital of Lisbon to the city of Fortaleza in Brazil , scheduled to be in operation by 2015. The project seeks to reduce Brazil's reliance on the US after Washington spied on Brasilia, Reuters reports, citing Brazilian President Dilma Rousseff. The statement was made at a summit in Brussels. Rousseff said the USD 185 million cable project was central to "guarantee the neutrality" of the internet.

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Categories: Fixed / Internet
Companies: Telebras
Countries: Brazil / Europe
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