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Broadband

Telebras moves forward with Brazil-Portugal cable project

Friday 4 January 2019 | 12:47 CET | News
Brazilian state-owned telecom services provider Telebras has confirmed the first stage of the swap of its entire shareholding in EllaLink and Cabos Brasil Europa for indefeasable rights of use (IRU) of the submarine cable to be launched by Ellalink Ireland. Operation of the submarine cable linking Brazil to Portugal is scheduled to begin on 30 January 2021. The financial closure and the entry into force of the supply contract with the manufacturer occurred on 31 December 2018.

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Categories: Fixed
Companies: Telebras
Countries: Brazil / Portugal
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