Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Slattery added "There’s a lot to do before this cable proceeds and the first thing we will do is turn those expressions of interest into committed requirements. Our objective is to secure enough medium and long term revenue from customer contracts, such that we will cover a sustainable portion of the early year costs - that’s something that is key to ensure the long term credibility of a this new private cable."
Pipe Networks will be responsible for arranging the necessary funding and structure of the cable vehicle and says it will not proceed with the project until its strict investment philosophy is satisfied. The cable is expected to have an initial lit capacity of 640Gbps and to be upgradeable to between 4 and 8 terabits per second.
VSNL International will provide expertise in submarine cable systems as well as access to critical infrastructure and onward connectivity from the planned Guam landing station. VSNL International will i benefit from having the new cable directly interconnected with its global network, enabling a significant improvement in service offering’s to Australia, according to Pipe Networks.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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