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wiredInUSA - July 2012
wiredInUSA - July 2012
Investors are sought for the BRICS cable,
an undersea broadband cable that will
link Brazil, Russia, India, China and South
Africa (the BRICS countries) to each
other and the US.
“There have beenmany parties showing
interest in the BRICS cable project.
To date, a total of ten non-disclosure
agreements have been signed by
global and South African telecom-
munication operators,” said i3 Africa
chairman Andrew Mthembu, a promoter
of the project.
“The process is ongoing and more
parties are expected to join the project.
At this stage, we prefer not to disclose
the names of the interested parties.”
The 34,000km fiber-optic cable, with
12.8 terabits per second capacity, is
expected to be operational by 2014.
The cable route will stretch from
Miami in the US, to Fortaleza in Brazil,
Cape Town, Mauritius, Chennai in India,
Singapore, Shantou in China and
Vladivostok in Russia, and is anticipated
to cost between US$1.2 billion and
US$1.5 billion.
11
10
INDEXInterest in BRICS cable