Hibernia Atlantic is taking the next step toward construction of the first transatlantic cable in a decade. They are beginning the deep sea submarine survey of the route the cable will take, with three ships taking part. By surveying the ocean floor they can make sure the path is clear and provide data to Huawei, who will use it to aid in designing and manufacturing the cable itself.
The route itself will stretch from Halifax, Nova Scotia to Brean, England. Combined with the Halifax-Lynn MA and Lynn-NYC legs, Hibernia expects the cable system to offer New York to London latency of below 60ms. That speed and the expectation of favorable pricing from the high speed trading community are obviously powering the economics of this project.
And speaking of the financial vertical, Hibernia also further tweaked its Hibernia Secure dedicated network protection service, bundling in a 100% uptime SLA with on the lowest latency routes. They're also offering 1 and 2 month discounts on 12 and 24 month contracts for the service. It'll be a while before that sub-60ms route makes it into their GFN, but you can tell they're eager to have it in place.