GlobeNet | March 24, 2011 | Press Release
Delivering the Lowest Latency International Capacity Between the Americas
BOCA RATON, FL–(Marketwire – March 24, 2011) –  GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi (BOVESPA: TNLP3) (BOVESPA: TNLP4) (BOVESPA: TMAR3) (BOVESPA: TMAR5) (BOVESPA: TMAR6) (NYSE: TNE), announces today it has completed the 200 Gbps upgrade of its submarine fiber optic cable system, increasing its total lit capacity to 560 Gbps. Delivering the lowest latency capacity connecting North America and South America, the GlobeNet network expansion will support increased bandwidth demands in the region due to the widespread adoption of advanced technologies and telecommunications services.
The demand for advanced services requiring high-bandwidth networks has been driven by the increased use of high-end services such as streaming media, online gaming, high-definition (HD) video, social media applications and other bandwidth-intensive services.
With over 22,000 kilometers of submarine fiber optic cable built with the lowest latency design on all network segments, GlobeNet offers network availability in excess of 99.99%. Its state-of-the-art architecture based upon the latest Dense Wave Division Multiplexing (DWDM) technology coupled with GlobeNet’s carrier-class customer support, offers the wholesale marketplace cutting-edge services and technical support.
“As a wholesale provider committed to the Latin American region, we have further optimized our cable system to address the huge demand for Internet-related services,” states Erick W. Contag, Chief Operating Officer of GlobeNet.
“By utilizing our extremely reliable and high-capacity network, carrier and service providers will also be able to prepare their networks to handle the data and transmission for upcoming South American events, such as 2014 World Cup Brazil and 2016 Olympics to be held in Rio de Janeiro,” adds Luiz Mario Alonso, Director of Engineering and Operations at GlobeNet who lead this upgrade.
GlobeNet’s international capacity serves Brazil, Bermuda, Colombia, United States and Venezuela, offering a wide range of products and services including International Private Line, Wavelength and Carrier Ethernet. GlobeNet plans an additional network upgrade later this year that will offer more than 1 Terabytes of total capacity.
For more information on GlobeNet, including its network map, please visit www.globenet.net.
About GlobeNet
GlobeNet provides international capacity services between North and South America over a dual ring-protected, fiber optic submarine cable system serving Bermuda, Brazil, Colombia, U.S.A., and Venezuela. The network spans more than 22,000 kilometers and offers a network availability of 99.99%. GlobeNet with its headquarters in Boca Raton, Florida and USA is a wholly-owned subsidiary of the Brazilian Oi (that acquired Brasil Telecom).
