GlobeNet Announces New Network Upgrade, Adding 200 Gigabits of Additional Capacity Over Its Lowest Latency Submarine Fiber Optic
October 26 2010 - 8:03AM
Marketwired
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)
and (NYSE: TNE), unveils today its plans for a 200 Gbps upgrade,
from 360 Gbps to 560 Gbps of total lit network capacity, in its
lowest latency, fiber optic cable network connecting the Americas.
In response to the ever-increasing bandwidth demands from its
customers, GlobeNet has successfully completed a network trial to
ensure its optical transmission technology can support this high
capacity upgrade. As a result, GlobeNet awarded Alcatel-Lucent and
Xtera Communications, Inc. 100 Gbps contracts respectfully. The new
network capacity deployment is scheduled to be complete by first
quarter 2011 with further plans by GlobeNet to upgrade to a 1.44
Tbps network thereafter.
This push for more capacity is a result of Latin American and
U.S. carriers and end users' growing demand for bandwidth-intensive
services and applications such as broadband Internet, streaming
media, video, tele-presence and online gaming. According to a study
by Pyramid Research, South America has a projected annual growth in
capacity demand at more than 40% in 2010 and 30-35% in 2011-2012.
Additionally, the total capacity demand in the North America-Latin
America routes are expected to rise to 1.9 Tbps in 2010, reaching
6.9 Tbps by 2014.
With landing points in Rio de Janeiro and Fortaleza (Brazil),
Maiquetía (Venezuela), St. David's (Bermuda), Boca Raton and
Tuckerton, N.J. (United States), the GlobeNet submarine network
allows networks to bridge the Americas with lowest latency routing
and high performance.
"Here at GlobeNet, we trial, test and deploy the latest in
technology innovations to ensure our network is and remains cutting
edge," states Erick W. Contag, Chief Operating Officer of GlobeNet.
"In order to cater to our carrier clients' needs for today as well
as tomorrow, we are upgrading our network capacity substantially.
With additional bandwidth availability, our carrier customers will
continue to have the necessary fiber optic infrastructure to ensure
secure data transmissions and increased Internet-based services in
and between the Americas."
"Reliability is a hallmark of our service," states Luiz Mario
Alonso, GlobeNet's Director of Network Engineering and Operations.
"By preparing our network today, we are further ensuring high
performance and a quality network infrastructure for tomorrow.
Designed to offer the lowest latency on all network segments, the
GlobeNet fiber system ensures a viable communications network for
carriers between the U.S. and Latin America."
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).
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For GlobeNet media inquiries, please contact: Jaymie Scotto
& Associates +1.866.695.3629 Email Contact
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