A strategic project for the social
and economic benefit of the BRICS countries will be launched in 2014. The BRICS
Cable is a 34,000 km, 2 fibre pair, 12.8 Tbit/s capacity, fibre optic cable
system. It will interconnect with the WACS cable on the West coast of Africa,
and the EASSY and SEACOM cables on the East coast of the continent.
It will link Russia, China, India,
South Africa, Brazil and the United States. This will give the BRICS countries
access to 21 African countries and give those African countries access to the
BRICS economies.
Few months after the admission of
South Africa into the BRICS economic bloc, the BRICS Cable has been in the
planning and feasibility stages since March 2011. The traffic and feasibility
studies carried out have demonstrated the project's commercial viability,
showing a reasonable Internal Rate of Return (IRR) for this kind of project.
Axiom and Terabit Consulting, two consulting firms in the submarine
cable industry, carried out the market, traffic and commercial feasibility,
while Alcatel-Lucent carried out the technical feasibility. They are now in the
process of inviting telecom operators and other potential investors in the
BRICS countries and the USA to participate in the project.
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