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The Trans Pacific Networks (TPN) was planned to be the first subsea route to directly connect Singapore, Indonesia, and the U.S., and have the capability to serve several markets in Southeast Asia and the Pacific.
The TPN cable project was announced at the 2019 Indo-Pacific Business Forum, held on November 4, 2019 in Bangkok, Thailand.
The TPN cable project aims to be a critical element of the Indo-Pacific’s digital infrastructure, ultimately strengthening networks and increasing capacity while reducing internet costs in the region.
The TPN cable project is supported by the U.S. International Development Finance Corporation (DFC), formerly the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution.
According to the DFC public information, DFC has granted Trans Pacific Networks Cayman Co. a DFC loan up to $190,000,000 with a 10-year amortization period with final repayment no later than November 1, 2033.
Founded in 2016 and supported by Somerston Group of Cayman Islands as its lead equity sponsor and the largest shareholder, Trans Pacific Networks Cayman Co. / Trans Pacific Networks (TPN) is a specialized subsea cable developer, owner, and operator delivering high-capacity, low-latency bandwidth corridors across the Pacific Ocean.
The TPN subsea cable has been turned into the Echo cable system.
Trans Pacific Networks has become a party participated in the Echo cable system and holds 3 fiber pairs on the system.