Tata Communication has purchased a significant capacity in Seaborn Networks' cable system between Brazil and the US, a company statement said here Monday.
"Latin America is a key emerging region and growing market on the world stage and our investment in Seabras-1 is part of our plan to enhance our offerings into that region. With the Seabras-1 cable landing in Tata Communications' Wall cable landing station in the US, this will also enable seamless extension of our TGN-network," said Genius Wong, senior vice president, Global Network Services, Tata Communications.
Seaborn Networks plans for the Seabras-1 system to be ready for service in the fourth quarter of 2016.
However, the company did not disclose the investment details.
Tata Communications owns and operates the world's largest and most advanced subsea fibre cable network. At present over 24 percent of the world's internet routes travel over Tata Communications' network, and the company is the only Tier-1 provider that is in the top five by routes in five continents.
"With bandwidth and connectivity growth demand in Latin America at unprecedented levels, we are delighted to have Tata Communications as a strategic partner on Seabras-1. Tata Communications' investment for significant capacity purchase in Seabras-1 is a clear indication of high demand in the market for an express submarine cable route between the US and Sao Paulo and seamless extension to other geographies in the world," said Larry Schwartz, chief executive officer, Seaborn Networks.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
