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Broadband

SAEx submarine cable to bring broadband to coastal cities

Friday 23 November 2012 | 09:42 CET | News
The South Atlantic Express (SAex) submarine fibre-optic cable project linking South Africa, Angola and St Helena with Brazil, should have its financing in place by the end of June, with installation set to start 14 months later, Engineering News reported. Project sponsor eFive Telecoms CEO Rosalind Thomas said eFive awarded US firm TE SubCom the supply contract for the ZAR 2.5-billion cable system. The project is expected to take 26 months to complete. Five financial institutions in the public and private sectors have expressed interest in financing the project through either debt and /or

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Categories: Fixed / Internet
Companies: DTS / EFive Telecoms / TE SubCom
Countries: South Africa / World
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Comments

Please connect St Helena. I'm an American who is interested in vacationing there and look forward to the island having an airport and having high speed internet access. Thanks for your consideration!
Vincent Orlando @ 19/12/2012 - 02:45


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