Three telecomms giants will build a 10Gbps fibre optic cable under the Atlantic Ocean to link Europe with the US by July 1999.
Corporates will be offered high speed communications across the Atlantic by AT&T, Telecom Italia, Telefonica de Espana and Companhia Portuguesa Radio Marconi, the companies building the cable. Nicknamed Columbus III, the cable will be over 7,000 miles long and will cost over $270 million to construct.
The partners plan to link Florida and the US Virgin Islands with Mazara in Italy, Conil in Spain and the Azores and Lisbon in Portugal using the cable. It is being built because an existing link, Columbus II, is carrying so many signals it is close to its capacity. The new cable can be upgraded to carry up to 490,000 simultaneous calls - a capacity of 40Gbps.
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