Facebook, Keppel, Telkom Indonesia to Develop 15,000KM Pacific Ocean Cable System
March 29 2021 - 1:39AM
Dow Jones News
Ben Otto
Facebook Inc., Keppel Corp. and Telkom Indonesia will develop a
15,000-kilometer subsea cable system connecting Southeast Asia with
North America to meet surging demand for high-speed connectivity
and greater bandwidth across the Asia-Pacific region.
Units of the three companies will jointly own and develop the
Bifrost Cable System connecting Singapore to the west coast of
North America via Indonesia, the Philippines and Guam. When
completed in 2024, the system will be the largest-capacity
high-speed transmission cable across the Pacific Ocean, they
said.
The companies have appointed France-based Alcatel Submarine
Networks to supply and install the cable system.
Keppel's share of the projects costs will be US$350 million, the
Singapore-based conglomerate said.
"This will be a transnational critical infrastructure which will
enhance Singapore's role as a digital hub, as well as support and
accelerate the region's growing digital connectivity needs," said
Thomas Pang, chief executive of Keppel Telecommunications &
Transportation.
Southeast Asia is home to more than 650 million people in
countries such as Indonesia and the Philippines whose economies are
among the fastest growing developing economies in the world.
Write to Ben Otto at ben.otto@wsj.com
(END) Dow Jones Newswires
March 29, 2021 01:24 ET (05:24 GMT)
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