WASACE starts supplier selection

TELECOMS

|
Image: By BiztechAfrica
WASACE starts supplier selection

WASACE Cable Company has begun the procurement process for the new undersea fibre optic system to connect Africa to the US and Europe.

WASACE will develop, operate and build a new network connecting Africa to the U.S., and connecting the 2 BRICS economies in the Southern Hemisphere, Brazil and South Africa, for the first time. WASACE’s new submarine cable network will also connect the two largest economies in America, USA and Brazil, and will provide a full diverse route to the aging transatlantic cable systems between USA and Europe.

WASACE will deploy the latest “100G” technology in projects comprising:  

  • “WASACE AMERICAS” - connecting Brazil (Santos, Rio de Janeiro and Fortaleza) to the U.S. (Florida). WASACE Americas will also provide optional and on demand connectivity to Colombia, Panama and South Carolina;
  • “WASACE AFRICA” - connecting Nigeria and South Africa to the USA. WASACE Africa also provides optional and on demand connectivity to Niger Delta Oil and Gas region at Bonny Island and to Angola;
  • “WASACE EUROPE” - connecting Florida to Virginia Beach and across the North Atlantic to San Sebastian in Spain.

WASACE has engaged the services of premier international telecommunications consultants, David Ross Group to administer the procurement process and lead the development of the project. 

The comprehensive Invitation to Tender has been released to four of the major undersea telecommunications cable system suppliers and WASACE expects to select the cable system supplier(s) for its network in July 2012.  In addition, WASACE has retained two financial services companies including Aterios Capital as financial advisors to source funding for the project.

The Company’s plan is to develop the network in phases, beginning with the WASACE Americas and WASACE Africa cable systems, which are scheduled to be in service by the first quarter of 2014.

“The commencement of the selection process for the cable system supplier(s) for our network is a critical milestone in our plan to enable new, critical routes focused on enhancing connectivity for the populations in the Atlantic Basin,” said Ramón Gil-Roldán y Sansón, Chairman and CEO of WASACE Cable Company.

 “The David Ross Group is pleased to take part in the development of this unique undersea cable system which will add critical new routes to the global telecommunications network,” said David Ross, President of the David Ross Group.

"We believe this project is timely and provides a unique opportunity for free flow of information and data between the two largest economies in the Americas (USA & Brazil), Africa's largest economy (South Africa) and Africa's fastest growing economy (Nigeria) as well as with the rest of the world. It ties in with our focus on infrastructure development in sub-Saharan Africa and we are proud to be associated with it," commented Olabode Abikoye, CEO of Aterios Capital.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE TELECOMS NEWS

Operators to suffer $14bn in lost revenues this year

A new report has found that voice and messaging traffic lost to OTT (Over The Top) players such as WhatsApp, Facebook and Skype will cost network operators $14 billion in revenues globally this year. Read More

Wiko‎ eyes 10% market share

New entrant to Nigeria’s mobile phone industry and French firm, Wiko Mobile, says it is targeting 10 per cent of Nigeria’s market. Read More

TeliaSonera International Carrier strengthens connectivity in Western Africa

TeliaSonera International Carrier (TSIC) and Angola Cables have announced an IP Transit agreement that will enhance regional connectivity to TSIC’s customer base along the West African coast using Angola Cables’ significant submarine cable assets. Read More

We’ve built West Africa's strongest aerial fibre, says Phase 3 chief

The Chief Executive Officer of Phase 3 Telecom, Mr. Stanley Jegede, says the firm has invested massively in building a very robust aerial fibre network to improve connectivity across the country and the entire West African sub-region. Read More

Orange launches reward scheme for corporate clients

Orange has introduced a loyalty programme for its corporate clients, dubbed Corporate Ziada. Read More

MTN Ghana launches fixed wireless phones for SMEs

MTN Ghana has launched the Eazifon fixed wireless phone as an alternative to the traditional landline fixed phone for Small and Medium-sized Enterprises (SMEs).  Read More

Cameroon to increase telephone digits in November

The number of telephone digits in Cameroon will be increased from eight to nine come 21 November 2014, the telecoms regulator, l’Agence de Régulation des Télécommunications (ART), announced recently at a press briefing. Read More

“Colossal disparity” between fixed, mobile penetration in Africa

There is a “colossal disparity” between fixed and mobile communication penetration rates in Africa, according to analyst firm Frost & Sullivan. Read More

Preparing for the next evolution in the telecoms landscape

Change is coming to the telecoms market, as increased competition, reduced cost of services and changing business models pave the way for new services, new solutions and more pervasive communication to connect more users, more affordably, says Jasco. Read More

MTN notes ruling by International Arbitration Panel

MTN Group has noted that a tribunal of independent arbitrators has ruled against Turkish mobile operator Turkcell, in the investor-state arbitration under a bilateral investment treaty case held in terms of the rules of the United Nations Commission on International Trade Law (UNCITRAL). Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Growing African focus on data securityGrowing African focus on data security

Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.

IN DEPTH

Africa lags on digital migration Africa lags on digital migration

Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.  

COMPANY NEWS

VMware reports third quarter 2014 results

VMware, the global leader in virtualization and cloud infrastructure, today announced Year-over-Year Revenue Growth of 18% to $1.52 Billion in its financial results for the third quarter ...