Telebras, Angola Cables Team Up For South Atlantic Cable

March 27th, 2012 by · Leave a Comment

A few weeks ago, BNamericas reported that Brazilian state owned operator Telebrás was planning a big submarine cable project that would add big bandwidth between South America and each of North America, Europe, and Africa. Apparently they weren’t just messing with us, as this week the news is that they have signed an agreement to build the least likely African leg with Angola Cables.

The approximately 6,000km cable will connect Fortaleza with Luanda, and is said to be likely to cost $150-200M. If all goes well, the system is targeted to go live in the first half of 2014, similar to earlier reports about the US leg. That being said, there still isn’t a heck of a lot of information about this project – and I’m still looking for a map, any map. But much of the timing here is being driven by the coming World Cup tournament in 2014, much as China’s infrastructure got an overhaul in advance of the Olympics four years ago.

More on this topic (What's this?)
Investor Letter Fall 2014: Sailing Into The Wind
JG Boswell (BWEL) 2014 Fundamental Data
Market Outlook
Read more on Telebras, Chung Hung Steel at Wikinvest
Categories: Undersea cables

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