CABLE & WIRELESS AND ALCATEL TO BUILD WORLD'S MOST ADVANCED TRANSATLANTIC CABLE Friday 12 January 2001 PDF Print Cable & Wireless, the global telecommunications group, today (12 January 2001) announced it is building the world's most advanced Internet Protocol (IP) transatlantic cable, known as Apollo, together with Alcatel, world leader in intelligent optical networking, to meet growing IP and data demand. The new cable system is scheduled to begin service in the summer of 2002 and will make available to Cable & Wireless customers significant bandwidth at lower cost, well in advance of competing systems using similar technologies. It anticipates the huge demand for bandwidth that analysts forecast to grow on average at around 100 per cent per annum , as a result of the rapid adoption of business internet communications worldwide. Cable & Wireless' investment in the transatlantic system is £300 million with additional project financing from Alcatel. A major US communications company has already signed a letter of intent to purchase one fibre pair, representing a quarter of the new cable system's capacity. In addition, Cable & Wireless' dedicated carrier and service provider channel, Partner Services, has non-disclosure agreements and ongoing commercial negotiations with other potential purchasers. "Cable & Wireless' role as the exclusive channel to market underlines the success of our division dedicated to the service of our carriers and service provider customers," said Mike McTighe, CEO Global Operations, Cable & Wireless. "The bandwidth that Apollo will provide reflects our phenomenal growth in IP and data traffic and our continued commitment to becoming the leading global supplier of IP services to business customers worldwide." Apollo comprises two fully diverse submarine legs, four fibre pairs in each, capable of at least 3.2 terabits per second of traffic transmission on each leg - one third more capacity than other existing transatlantic cable systems. The system will run for 13,000km under the Atlantic Ocean, linking Long Island and New Jersey in the United States with Cornwall in the UK, and Brittany in France. Marine operations are already underway. The transatlantic system links directly with Cable & Wireless' seamless high capacity infrastructure in the US and Europe, providing customers with onward connectivity to communications destinations far beyond the landing points. Pioneer Annual Compound Rate (End 2000-End 2003) 118% Yankee Annual Compound Rate (End 2000-End 2003) 77% Advanced technologies As the world's most advanced IP transatlantic cable system, Apollo can claim: · greater capacity: Apollo will be the first 80 wavelength transatlantic system - which means Cable & Wireless can offer customers lower unit cost. · greater resilience: Apollo is the first transatlantic system to use Alcatel's enhanced cable protection design - which means it is less prone to damage from external aggression, such as trawler damage. The system echoes Gemini's dual leg architecture for extra resilience. · full flexibility: depending on the customers' voice, data or IP requirements, Apollo can be configured either as a standard ring protection architecture or fully meshed - which means the customer can determine for themselves the level of protection they require, up to the latest optical protection switching equipment. Chart comparing Apollo with other existing transatlantic cable systems. System: Apollo Owner: Cable & Wireless Terminal Points: UK - USA, France - USA, UK - France Interlink Technology Wavelength x Line Speed: 80x10 Fibre Pairs Per Leg: 4 Trans-atlantic Legs: 2 T.Bit/s Per Leg: 3.20 System: Flag Atlantic-1 Owner: Flag Telecom Terminal Points: UK\France - USA (Single US Landing) Technology Wavelength x Line Speed: 40 x 10 Fibre Pairs Per Leg: 6 Trans-atlantic Legs: 2 T.Bit/s Per Leg: 2.4 System: 360Atlantic Owner: 360 Networks (Worldwide Fiber) Terminal Points: UK-Canada (Link to USA) Technology Wavelength x Line Speed:48 x 10 Fibre Pairs Per Leg: 4 Trans-atlantic Legs: 2 T.Bit/s Per Leg: 1.92 System: Yellow Owner: Level 3; Viatel; Global Crossing Terminal Points: UK - USA Technology Wavelength x Line Speed: 47 x 10 Fibre Pairs Per Leg: 4 Trans-atlantic Legs: 1 T.Bit/s Per Leg: 1.88 About Cable & Wireless Cable & Wireless is a major global telecommunications business with revenue of over £9 billion (US$14 billion) in the year to 31 March 2000 and customers in 70 countries. Its operations around the world offer a full range of telecommunications services. Cable & Wireless' focus for future growth is on IP (internet protocol) and data services and solutions for business customers. It is developing advanced IP networks and value-added services in the US, Europe and the Asia-Pacific region in support of this strategy. With the capability of its global IP infrastructure and its strength in key markets, Cable & Wireless holds a unique position in terms of global coverage and services to business customers. For more information about Cable & Wireless, go to www.cw.com. Cable & Wireless and the Globe Device are registered trademarks of Cable and Wireless plc. About Alcatel Alcatel is the only vendor to master all optical network elements, from optical components, optical fibers and DWDM systems to core routers and network intelligence, and from terrestrial to submarine solutions. Alcatel is also the only company to provide both terrestrial and marine services for the installation and maintenance of global, seamless optical networks. According to RHK's 2000 study, Alcatel holds the number two position in global optical transport market with 20% market share, distancing itself from all other competitors. RHK also reported that Alcatel reaffirms its number one position in submarine networks with 41% worldwide market share. Moreover, Alcatel claims to be the world leader in total terrestrial and submarine DWDM systems, in digital cross-connects, which contain the enabling technology for operators to offer high bandwidth services, and in SDH networks. Alcatel's optics business comprises terrestrial and submarine transmission systems, fiber optics and optical components. Alcatel has launched a new class of Alcatel stock which is intended to track the performance of Alcatel Optronics, the Company's optical component business. Alcatel is the world leader in delivering full turnkey submarine network solutions and services. Alcatel leads this industry in terms of: - having the highest sold capacity up to 8.4 Tbit/s for the long-haul systems and 3.6 Tbit/s for the short-haul ones, using the latest DWDM technology; - having the largest manufacturing capacity at 85,000 km per year strategically located around the Globe; - managing 11 dedicated purposed-designed vessels for a tight control on the delivery schedule, including marine maintenance. Current contracts, worth US$ 5.8+ billion, include the most advanced undersea networks in the world today: 360americas and FLAG Atlantic-1 systems in the Atlantic, the 360pacific, FLAG Pacifc-1, Japan-US and Southern Cross transpacific systems, and the MAC and MAYA-1 systems in the Americas and the SAT-3 around Africa. Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more than 130 countries. For more information, visit Alcatel on the Internet: http://www.alcatel.com This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.