According to The Daily Star, Bangladeshi government signed on Monday a Tk 340 crore ($44 million) loan contract with Islamic Development Bank (IDB) for the construction of SEA-ME-WE 5 (SMW5), the second submarine cable linking Bangladesh. Bangladesh Submarine Cable Company Ltd (BSCCL) is a member of the SMW5 Consortium which signed a construction and maintenance agreement in March.
Announced on Monday, a consortium comprising of Google and other five companies have signed commercial agreements to build and operate FASTER, a new Trans-Pacific cable system. The FASTER cable system will connect the US West Coast to Chikura and Shima in Japan. The FASTER cable system is estimated to cost approximately USD $300 million.
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced on Monday the commencement of the new Hibernia Express submarine cable system.
The 4,600 km cable will provide the lowest-latency fiber-optic path between New York and London, connecting Halifax, Nova Scotia and Brean, UK, with terrestrial fiber to extend connectivity to the major metro areas.
SEA-ME-WE 5 and AAE-1 are submarine cables of similar significant, connecting Asia, the Middle East, Africa, and the Western Europe. Both consortia have teamed up the leading operators along the cable routes, with some common members seating in both SMW5 and AAE-1 consortia, while some others are competitors in the landing countries.
The SEA-ME-WE 5 consortium signed the construction and maintenance agreement for the South East Asia - Middle East -Western Europe 5 cable (SMW5 C&MA) on March 7 2014. According to Singtel news, the SMW5 cable will land in Singapore, Malaysia, Indonesia, Thailand, Myanmar, Bangladesh, Sri Lanka, India, Pakistan, Oman, United Arab Emirates, Djibuti, Yemen, Kingdom of Saudi Arabia, Egypt, Italy and France, with 18 cable landing points in 17 countries. Telecom Egypt is not a member of the SMW5 consortium which pays Telecom Egypt for SMW5 to transit across Egypt.
According to Alcatel-Lucent news, Alcatel-Lucent has signed a contract valued at several hundred million US dollars with the South East Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) consortium of 15 leading telecom operators to deploy a new 100 gigabit per second (Gbit/s) undersea cable system. And NEC will be a co-contractor to deploy the Singapore to Sri Lanka segment of the SMW5 cable.
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