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Tai Tung Communication begins shipments to SingTel

DigiTimes | August 30, 2011 | Irene Chen, Adam Hwang Tai Tung Communication, a Taiwan-based maker of fiber-optic cable and telecommunication cable, secured orders for fiber-optic cable from Singapore Telecommunications (SingTel) at the end of second quarter of 2011 and has begun shipments, according to...

TIM announces US $726M in revenue and migration to BM&FBovespa list

TIM Brazil announces its second-quarter financial results and its migration to special listing segment called “Novo Mercado” of BM&FBovespa – Bolsa de Valores, Mercadorias e Futuros S.A. During the second quarter, revenue grew 19.5% year over year to R$ 4,25 billion (US $2.7 billion),...

TIM announces US $726M in revenue and migration to BM&FBovespa list

TIM Brazil announces its second-quarter financial results and its migration to special listing segment called “Novo Mercado” of BM&FBovespa – Bolsa de Valores, Mercadorias e Futuros S.A. During the second quarter, revenue grew 19.5% year over year to R$ 4,25 billion (US $2.7 billion),...

Ecuador announces US $8.2M investment in fiber optics

Ecuadorian National Telecommunication Corp. (CNT in Spanish, from Corporación Nacional de Telecomunicaciones) announced that it will invest US $8.2 million in order to construct fiber-optic infrastructure. According to government, there are 34 projects focused on development of telecommunications in the country, covering 21 processes that...

Colombian ICT Ministry publishes specifications of the National Fiber Optic Plan

The Colombian ICT Ministry, through the social program Compartel, published specifications of the National Fiber Optic Project, which aims to deploy the technology in at least new 400 municipalities and reach the goal of 700 municipalities connected by 2014. Project investments are estimated to be US $234,743...

Ciena expects high growth from Latin America

Expecting a transformation in Latin America’s telecommunications networks, Ciena Corp. said it believes region will grow at higher rates than other markets. “Latam is one area of great growth for Ciena. We are moving into more markets and growing tremendously,” said Fabio Medina, sales VP...

France Telecom-Orange passes an important milestone in its FTTH fiber-optic program outside very-dense areas

France Telecom - Orange | July 21, 2011 | Press Release France Telecom-Orange has published its third party-operator access offer for its FTTH fiber-optic network outside very-dense areas, and has signed an agreement with Free (Iliad Group) concerning fiber deployment in these areas that is...

TIM to invest R$ 171 million in fiber optics in Northern Brazil

TIM Brazil had signed a contract with LT Amazon consortium to use their tower transmission lines and power substations to transport TIM cables across 27 cities in the states of Amazonas, Pará and Amapá, in Brazil. TIM will invest around R$ 171 million in...

TIM, Telebrás agree to get mobile Internet to 1,000 Brazilian cities

Telebrás and TIM Brazil announced on July 13 that they have closed a deal to deliver mobile Internet to 1,000 Brazilian cities by the end of 2012. It’s part of a federal program to universalize Internet access in the country. The inititative will be possible using...

Fibre-optic expansion: Partnership in Winterthur

Swisscom | July 11, 2011 | Press Release Winterthur Public Utilities and Swisscom to cooperate on fibre-optic expansion, providing Winterthur with super-fast Internet access in the years to come. Four optical fibres will be laid per household and business. Two will be for Swisscom, the...

TIM buys AES Atimus for US$ 1.01 billion and plans to expand its data offer

Telecom Italia's Brazilian mobile unit TIM Participações SA has bought telecommunications infrastructure operator AES Atimus Group from Companhia Brasiliana de Energia for R$ 1.6 billion (US$1.025 billion), in cash. The acquisition represents a significant expansion of TIM's infrastructure, since it's adding a fiber-optic network...

GlobeNet's submarine fiber optic cable system upgrade is now complete

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)...

GlobeNet’s submarine fiber optic cable system upgrade is now complete

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)...

Venezuela, Brazil Complete Fiber-Optic Cable Link

Wall Street Journal | February 11, 2011 | Kejal Vyas CARACAS (Dow Jones)--Venezuela's state-run telecommunications operator, Compania Anonima Nacional Telefonos de Venezuela, or Cantv, said Friday it has finished connecting a fiber-optic cable that links the southern part of the country to northern Brazil. Venezuelan officials,...

Cuba welcomes new internet cable link with Venezuela

BBC | February 9, 2011 Cuba has welcomed the arrival of an undersea fibre-optic cable linking it to Venezuela as a blow to the US economic embargo. The cable will transform communications in Cuba, which has among the slowest internet speeds in the world. The new connection...

Cuba to get high-speed internet, thanks to Venezuela

AOL News | January 24, 2011 | Lauren Frayer One of the world's most unplugged countries is about to get high-speed Internet, courtesy of an old friend. A specialized ship began laying fiber-optic cable under the Caribbean Sea from Venezuela toward Cuba this past weekend, launching...

NEC said to win 30 billion Yen undersea cable order

Bloomberg | January 21, 2011 | Jason Clenfield and Maki Shiraki  NEC Corp., Japan’s largest maker of phone-network equipment, won an order valued at about 30 billion yen ($362 million) from a group led by Nippon Telegraph & Telephone Corp. to supply undersea cables, two...

Telefonica to Invest $700 Million in Chile in 2011, Diario Says

Bloomberg | January 7, 2011 | Eduardo Thomson Telefonica Chile SA, Chile’s largest telephone company, plans to invest $700 million this year, Diario Financiero said. The company plans to invest a significant portion of that amount in broadband and fiber optic assets, the Santiago-based newspaper said,...

RCOM sells off telecom infra to GTL for $11 billion

Not long after the truce between India’s famous Ambani brothers – who own Reliance Communications (RCOM) and Reliance Industries Limited respectively - the younger brother, Anil Ambani, head of RCOM, has sold off his firm’s tower business to GTL Infrastructure for $11 billion. This is the first time a non-telco player has gained a foothold in the highly lucrative Indian telecom infrastructure business.