New World Network receives Puerto Rico permit to complete Caribbean segment of fiber optic network

Mar. 15, 2001--New World Network received the final Puerto Rican permit to connect the ARCOS (Americas Region Caribbean Ring System) ring in the U.S., Bahamas, Turks & Caicos, the Dominican Republic and Puerto Rico.

New World Network, declaring to be the only submarine broadband fiber optic cable network fully interconnecting the Americas and the Caribbean, received the final Puerto Rican permit to connect the ARCOS (Americas Region Caribbean Ring System) ring in the U.S., Bahamas, Turks & Caicos, the Dominican Republic and Puerto Rico. Subsequent to the issuance of the final permits, the cable was successfully landed in Puerto Rico on March 7. The network is fully funded and the entire 8,600 km ring linking Miami with 14 additional jurisdictions throughout the Caribbean and Latin America is expected to be complete in the third quarter 2001.

New World Network's ARCOS ring will provide high-speed, reliable network services to the 12.8 million people in the Bahamas, Turks & Caicos, the Dominican Republic and Puerto Rico. New World Network is well positioned to cater to the region's demand for a technically advanced communications network. These Caribbean countries represent a growing market with a telephone penetration of 17.2 percent.

The landing permit issued by the U.S. and Puerto Rican authorities allows New World Network to be on schedule toward completion of the ARCOS ring. The final permit granted by the U.S. Army Corp of Engineers (USACE) was received last week and follows previous permissions already granted to New World Network earlier this year.

Customer benefits include advanced technologies, broader and faster connectivity, complete directional signal redundancy, and infinite expandable services.

ARCOS is a 8600-km undersea fiber-optic cable actually offering 15 Gbps of fully redundant capacity with a multi-upgradeable design capacity of 960 Gbps. The network is a land festooned configuration that allows for the incorporation of future technologies at a low cost. The ARCOS cable will provide an advanced communications network in the Caribbean region interconnecting the U.S., Bahamas, Turks & Caicos, Dominican Republic, Puerto Rico, Curacao, Venezuela, Colombia, Panama, Costa Rica, Nicaragua, Guatemala, Honduras, Belize and Mexico.

About New World Network:

New World Network is a carrier's carrier that provides advanced, high- speed bandwidth capacity to telecommunications companies and Internet Service Providers. For more information, visit www.nwncable.com.

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