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Our Bureau

Mumbai, Dec.28

Reliance Communications will invest $1.5 billion (nearly Rs 7,000 crore) in its FLAG undersea cable system, upgrading it by adding an Internet protocol, next generation network (NGN) of 50,000 km.

On completion three years later, the FLAG network will span 1.15 lakh km, taking the total optical fibre assets of the company to over 2.3 lakh km, said Mr Anil Ambani, Chairman, at a news conference. The project will be funded through a combination of debt and internal accruals, he added.

FLAG NGN has four component systems that will cover Asia, Africa, the Mediterranean and the Trans-Pacific. Its FALCON cable systems, which connects West Asia to the rest of the world, is already an IP, NGN network. FLAG is a wholly owned subsidiary of Reliance Communications.

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