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Wednesday, February 27, 2008

Bharti, 5 firms to lay $300 mn undersea cable

Bharti Airtel is joining five other leading telecom companies to build a high-bandwidth, undersea, fibre-optic cable linking Asia and the US, with an estimated cost of $300 million (Rs 1,200 crore). The new cable, Unity, will carry data and internet traffic between Asia and the US.

Global Transit (Malaysia), Google (the US), KDDI Corporation (Japan), Pacnet (Singapore) and SingTel (Singapore) are the other members of the consortium.

The consortium has selected NEC Corporation and Tyco Telecommunications to construct and install the system. The construction of the cable system would begin immediately, while initial capacity would be available in the first quarter of 2010, said Bharti Airtel today in a release.

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