Emerald to build transatlantic submarine cable system

Friday 2 December 2011 | 13:18 CET | News
Subsea cable system owner and operator Emerald Networks will install a transatlantic submarine cable system to meet the data requirements between the US and Europe, with completion due by spring 2013. It will offer 100 Gbps capacity per channel. The group has recently appointed investment banking firm Jefferies & Company to complete a USD 300 million fundraising to finance the project. Emerald Networks' submarine cable system is a 5,200 km network connecting North America to Europe with capacity to handle current and future demand. With an expected latency of less than 62 milliseconds round

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Categories: Fixed
Companies: Emerald Networks
Countries: Europe / North America
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