GlobeNet has started the fall off with a huge bang! Today, the leading wholesale provider of telecom infrastructure in Latin America announced that, together with social media giant Facebook, it has begun construction of the new subsea cable it announced in May. Together, the two companies will co-own the system, although it will be fully operated by GlobeNet.
Named ‘MALBEC’ after the renowned Argentinian wine, the 2,500 km submarine cable will link the Brazilian cities of Rio de Janeiro and Sao Paulo to Buenos Aires, the capital of Argentina and will also have a branching unit to reach Porto Alegre, Brazil. By connecting Argentina to GlobeNet’s network in Brazil, the new infrastructure is going to provide seamless connectivity between the Southern Cone of South America and the United States. When completed, it will be the first new submarine cable route to reach the Argentinian coast since 2001.
“We are excited and proud to work with Facebook. Argentina deserves state-of-the-art infrastructure to satisfy the pressing demands of the years ahead. This project is a testament to our capabilities, expertise and commitment to the region where we have been operating for 15 years.” – Eduardo Falzoni, CEO of GlobeNet
When it comes to internet penetration in the Southern Cone of South America, roughly 79% of the Argentinean population accessed the internet in 2016. By 2019, this number is expected to be at over 95%. As a result, demand for high-bandwidth, data-intensive services including cloud computing and video streaming is outstripping the bandwidth capacity of the country’s existing cable systems. Taking advantage of the latest developments in fiber optics, the ‘MALBEC’ cable will feature six fiber pairs, delivering double the current international capacity to Argentina and enabling access to social media content, streaming and cloud services at high speed.
Both companies have confirmed the ready-for-service date will be in the first half of 2020. Once opened, the cable is set to attract OTTs, cloud providers and carrier customers looking to extend their reach throughout the region and into the United States.
To find out more about GlobeNet, please visit www.globenet.com.