New World Network, a provider of a submarine broadband fiber-optic-cable network connecting the Americas and the Caribbean, is in the process of completing the first segment of its Trans-American network ring.
The 8,600 km undersea network, expected to be complete by the fourth quarter of this year, will address the region's demand for high-speed bandwidth connections, data, voice and Internet. To date, six of the 24 cable segments have been laid. The laying of cable segments one through seven (U.S. to Puerto Rico) are on schedule and will be complete by the end of March 2001. Commercial service will be available May 2001 linking the U.S. to the Bahamas, Turks & Caicos, Dominican Republic and Puerto Rico. Contracts are being prepared for early customers including top tier carriers.
The cable will provide advanced, high-speed bandwidth capacity through a fiber-optic ring encompassing 15 countries in the Americas.
According to a report released by Banco Santander Central Hispano and Accenture Consulting, the number of Internet users in Latin America is expected to reach 22 million in 2001 and 44 million in 2003. As a region, Latin America will account for 10 percent of the world's estimated 450 million users in 2003.
Customer benefits provided to the 200 million people in the region will be the most advanced technologies, broader and faster connectivity, complete directional signal redundancy, and infinitely expandable services. New World Network has partnered with carriers in the region to combine the advantages of an independently held company with the benefits of strategic alliances with local carriers that provide landing rights, backhaul and interconnection to existing local networks.
Latin Trade Magazine cited The Yankee Group stating that, by 2002, transmission capacity from the U.S. to Latin America alone will soar to a projected 4,165.6 gigabits per second, up from just 15.2 Gbps completed in 1999. The wholesale market for data-moving capacity is expected to hit $3 billion by the end of 2001 and could escalate to $21 billion by the end of 2006.
About New World Network:
New World Network is a telecommunications carrier that provides advanced, high-speed bandwidth capacity to telecommunications companies and Internet Service Providers. For more information, visit www.nwncable.com.