
Tata Group company Videsh Sanchar Nigam VSNL today said it is constructing a 250-million about Rs 988 crore cable system for linking Mumbai directly with Paris, London and Madrid via Egypt.
The cable system would be built in partnership with Seacom and Telecom Egypt, and will provide VSNL a new capacity of 1.28 terabit on the route in 2009, VSNL informed the Bombay Stock Exchange.
The cable system, named TGN Eurasia, would offer connectivity between India and Europe. It would also have future options for additional connectivity in the Gulf region.
8220;Plans to build the TGN-Eurasia cable system, coupled with our recent announcement to build the TGN-Intra Asia Cable System, is a major step towards VSNL8217;s vision to offer seamless global connectivity at affordable prices,8221; VSNL president global data solutions Vinod Kumar said.
TGN Eurasia, if combined with TGN Atlantic and TGN-TIC cable systems, would be able to offer seamless and diverse connectivity between India, south east Asia, South Africa, western Europe and the US.
VSNL maintains a global transmission network of over 2,06,356 km comprising of both terrestrial and submarine cable assets.
8226;The project will entail an investment of 250-million
8226; The cable system, named TGN Eurasia, would offer connectivity between India and Europe
8226; It would also have future options for additional connectivity in Gulf region