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Huawei signs Hibernia cable project deal
16 January 2012
Huawei Marine Networks to supply cables and plant for Global Financial Network Project Express across Atlantic
Huawei Marine Networks has signed a construction agreement for Hibernia Atlantic’s Global Financial Network Project Express, scheduled for operation in 2013. The equipment maker has completed the first phase of the project’s marine survey work and will now start making the necessary cables and plant for the project.
The Project Express segment will involve at least a four-fibre pair repeatered submarine cable linking New York and London. It will initially use 40G technology and an upgrade to 100G has been planned for the future.
Bjarni Thorvardarson, CEO of Hibernia Atlantic, said: “While we have been working to advance this project through marine surveys and letter agreements, this final closure of the full agreement is a major milestone in delivering this momentous project.”
The first phase of the system will include laying a 4,600-kilometre cable from the UK to Canada, and then connecting to Hibernia Atlantic’s current low latency cable to New York. The new system will also include five branching units for future links to the US, continental Europe and Ireland.
Project Express aims to offer the lowest latency route from New York to London with less than a 60 millisecond round trip.
Nigel Bayliff, CEO of Huawei Marine, said: “Once completed, we believe that the Hibernia Atlantic Express will be a huge contributor to the faster transport of critical transactions from one key financial city or exchange to the next.” GTB
Further reading from Global Telecoms Business:
Emerald aims for low-latency cable in 2013 06 Dec 2011
New project for south Atlantic cable 23 Nov 2011
Submarine survey for Hibernia underway 16 Jun 2011
Hibernia Atlantic gets $250m for cable 06 Jan 2011