Has it really been 11 years since an undersea cable was built within Europe? That’s what they’re saying as a new effort raised money today for one between England and Ireland, though perhaps that depends on whether Hibernia Atlantic’s Project Kelvin extension counts. But regardless, Sea Fibre Networks will hook up landing sites in Dublin and Anglesey, which lies just 131km due east on the Welsh shore. From there it will connect overland to London and onward from there. Here’s a snapshot of their map:
They have raised $15M for the project, with half in the form of a credit facility from Investec and the other half coming from equity investors. The new cable will cut the latency between Dublin and London, and hence the rest of Europe. It will also double the capacity between the two islands. They hope to be finished in December – it’s not as if the route is very long, so why not.
This cable has been talked about for a while, under the name CeltixConnect I think. [edit: Sea Fibre Networks is CeltixConnect’s parent apparently] Glad to see it finally get off the ground despite the economic uncertainty in Europe as a whole.
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