Financial Daily from THE HINDU group of publications Wednesday, Jun 02, 2004 |
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Info-Tech
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Telecommunications Corporate - Alliances & Joint Ventures FLAG signs dual landing deal with Omantel Our Bureau
Mumbai , June 1 RELIANCE Infocomm-owned FLAG Telecom, international wholesale network and communications services provider, has signed a dual landing station agreement with Omantel (the national telecom operator of Oman) for its upcoming FALCON cable system.The FALCON system is to provide high-capacity multiple landings throughout the Gulf region, with submarine links stretching to Egypt in the west and to Hong Kong in the east, according to a news release. The Gulf loop, and the east and west links will interconnect at two landings in Oman. Omantel has also signed a capacity agreement with FLAG Telecom for purchasing international connectivity on the FALCON cable system and for providing direct connectivity to any point on the FLAG global network. Mr Mohammed Bin Ali Al Wohaibi, Omantel Executive President said, ``Oman is geographically ideally located at the heart of the FALCON route. We anticipate that it will meet the burgeoning broadband demand from the fast growing Gulf and wider West Asia region not just for this decade, but for the decade beyond." Mr Pattrick Gallagher, CEO, FLAG Telecom, said, "The new cable system is designed to unlock the broadband opportunity along the entire route and provide the first direct terabits link between the world's two fastest growing economies - India and China."
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