EIB helps fund Seychelles cable system

Friday 4 March 2011 | 11:16 CET | News
The European Investment Bank has agreed to provide a EUR 8 million loan to the Seychelles Cable Systems Company (SCS) for the installation and operation of the first submarine cable for international connections to the Seychelles. This will fund a 1,930km cable from the main island of Mahe to the existing Eastern Africa Submarine Cable System in Tanzania and is expected to be operational by the second half of 2012. The fibre link will dramatically improve both telecommunications and internet access in the Seychelles, with international transmission capacity estimated to be 7 times cheaper

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Categories: Fixed
Companies: Airtel / Cable and Wireless
Countries: Seychelles
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