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WASACE Cable Company launched

Posted on 23.12.2011 - 15:00 EST in SUBSEA TELECOMS NEWS by Rons_ROV_Links

WASACE Cable Company launchedWASACE is an exciting new international communications system linking the major markets of four continents - Africa, South America, North America and Europe, with undersea fiber-optic cable. It is the largest such project ever mounted in the Atlantic Ocean. The projects' total fiber length is seven times the circumference of the earth. If the fibers were connected end-to-end, they would stretch three quarters of the way to the moon.

WASACE is the first trans-Atlantic system to deploy the next-generation "100G" technology, with ten times the capacity of previous systems. It represents a total investment of billions of US dollars from investors on four continents, including the international private equity investment firm VIP Must, represented by CEO Patrick Perrin, and the African Development Bank, represented by COO Raymond Zoupko, as well as Brazilian and other investors.

The project is headed by WASACE Cable Company Worldwide Holding a multinational development company represented by CEO Ramon Gil-Roldan of Spain. Project development will be managed by the David Ross Group, represented by CEO David Ross of the US.

The project will provide a heretofore unavailable quantity of affordable Internet communication capacity linking the fast-growing markets of Africa and Latin America with the major commercial markets of North America and Europe, including a first-ever high-capacity cable spanning the South Atlantic.

WASACE Cable Company Worldwide Holding was formed to meet the rapidly-evolving needs of developing markets in the Southern Hemisphere - "WASACE: Because the world is changing".

The David Ross Group Inc. is the premier international communications system development group, managing major developments in international connectivity throughout the world.

VIP Must was established to invest in major global development projects.

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