India PRwire
2012-05-10
Promising fastest route between Brazil's major commercial centre and rest of world
May 10, 2012 /India PRwire/ -- Tata Communications, a leading provider of The New World of Communications, and Seaborn Networks, the developer and operator of the first direct submarine cable between the United States and Sao Paulo, Brazil, announce Tata Communications' intent to become an anchor tenant customer on Seaborn Networks' cable system.
Seaborn Network's cable system, Seabras-1, will enable Tata Communications to provide fully integrated network services from Brazil to its networks in the US, Europe, Africa, Asia and India.
"Latin America is a key region on the world stage and our plan to purchase capacity on Seabras-1 would ensure we have the fastest route between Brazil's major commercial centre and the US. It aligns us with the most viable new subsea project in one of the fastest growing markets in the world", says Vinod Kumar, Managing Director and CEO, Tata Communications. "This expansion would further extend the global reach of the Tata Global Network (TGN) and forms part of our strategic global connectivity plans."
"With bandwidth and connectivity growth demand in Latin America at unprecedented levels, we look forward to having Tata Communications as an anchor tenant customer," says Larry Schwartz, CEO, Seaborn Networks. "Tata Communications' intended acquisition of capacity on Seabras-1 is indicative of the pent-up demand in the market for an express submarine cable route between the US and Sao Paulo."
As Brazil prepares to host the 2014 World Cup and the 2016 Summer Olympics, the country is experiencing landmark development requirements in its telecommunications industry. 2011 telecommunications investments in Brazil exceeded US$11.8 billion, according to a recent report from Telebrasil*, and Pioneer Consulting** forecasts that international submarine capacity demand for Latin America will be more than 32 Tbps by 2020.
Seaborn Networks plans for the Seabras-1 system to be ready for service in the fourth quarter of 2014.
Source: Press release distribution via India PRwire
Notes to Editor
For more information on Tata Communications' undersea cable systems visit www.tatacommunications.com.
For more information on Seaborn Networks' Seabras-1 visit www.seabornnetworks.com.
*Telebrasil
The Performance of the Telecommunications Sector in Brazil, Series 2011, April 2012
**Pioneer Consulting
Presentation on The South American Subsea Market , Capacity Latin America Conference, Sao Paulo, 22nd March 2011
About Tata Communications
Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global network to deliver managed solutions to multi-national enterprises, service providers and consumers.
The Tata Global Network includes one of the most advanced and largest submarine cable networks, a Tier-1 IP network, with connectivity to more than 200 countries across 400 PoPs, and nearly 1 million square feet of data centre and collocation space worldwide.
Tata Communications' depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services, leadership in global international voice, and strategic investments in South Africa (Neotel), Sri Lanka (Tata Communications Lanka Limited) and Nepal (United Telecom Limited).
Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange (NYSE: TCL).
www.tatacommunications.com
About Seaborn Networks
Seaborn Networks is the developer and operator of Seabras-1, the first express submarine cable system between the US and Sao Paulo, Brazil. Seabras-1 is a 32 Tbps system that connects Miami and Sao Paulo, with a branch that lands in Fortaleza, Brazil. Activation is scheduled for 2014. Seaborn is also the first submarine cable operator in the world to offer consortium-like pricing with the flexibility of a private cable capacity purchase. Seaborn was founded by successful submarine cable and wholesale carrier executives with experience in designing, building and operating many of the world's largest submarine and terrestrial networks. Prior submarine systems designed, built and operated by Seaborn's workforce represent a total of 75 landing stations, 250 points of presence and 250,000 km of submarine cable (more than 6X the circumference of the earth).
www.seabornnetworks.com
For more information, please contact:
Harry Pinto (Senior Account Executive) (M) 97319-01188