Tax-News.Com Archive

Sponsored by: PEARSE TRUST
Independent advice on corporate and trust structures

ARCHIVE ROOT | TODAY'S NEWS | LOWTAX

New Cable To Improve Caribbean Internet Communication
by Leroy Baker, Tax-News.com, New York

07 February 2007

Global Crossing, the global IP solutions provider, has announced that it is working with Global Caribbean Network (GCN), a subsea cable operator headquartered in Guadeloupe, in the French West Indies, to enhance global IP connectivity to the Caribbean region.

Under the terms of several agreements, GCN will interconnect its voice and data traffic services arriving from the Caribbean to Global Crossing's IP network in St. Croix, via 10-Gigabit wavelengths, enabling GCN to extend its services to North America, Europe and Asia. Primarily based in the Caribbean, GCN's customers will now gain access to Global Crossing's state-of-the-art global network, so that they can connect to any of the 600 cities in 60 countries where Global Crossing delivers services.

At the same time, through the interconnection with GCN, Global Crossing will now be able to offer its own customers services in 13 additional countries in the Caribbean.

"Global Crossing's services support our plans to offer Caribbean residential and commercial users a more advanced telecom infrastructure," announced Ehsan Emami, GCN's president. "Our customers will benefit from a fast and reliable network, where all data, voice, video and multimedia traffic can converge to a single global backbone."

"We're excited about this opportunity to work with GCN as it begins to offer local and international operators broadband services in the Caribbean region," added Jose Antonio Rios, Global Crossing's international president. "Our combined capabilities reinforce our commitment to accelerate deployment of our services to the region."

GCN began offering its commercial services in the Caribbean in October 2006 through the official launch of the first phase of its GCN-1 system, which connects Guadeloupe, St. Martin, St. Barthelemy, San Juan and St. Croix. It is currently expanding its reach further south in the Caribbean to Dominica, Martinique, St. Kitts, Antigua, St. Lucia, St. Vincent, Barbados, Grenada and Trinidad as part of the second and third phases of the project, in 2007.

According to a 2006 Telecommunications Industry Review study, the Caribbean is one of the fastest growing broadband markets in the world. To accommodate this rapidly expanding demand in Latin America and the Caribbean region, Global Crossing recently announced that it will upgrade its Mid-Atlantic Crossing (MAC) system, which connects North America to Latin America through the Caribbean. Global Crossing's MAC ring, which runs between Brookhaven, NY; Hollywood, FL; and St. Croix, Virgin Islands, is an essential piece of the company's advanced, global network.

"Global Crossing is committed to the Caribbean region and is uniquely positioned to serve companies like GCN, that require global connectivity," commented Dale Miller, Global Crossing's senior vice president for carrier sales in Latin America. "By choosing Global Crossing, GCN has improved its network functionality, enhanced its flexibility and expanded its reach around the world."

Global Caribbean Network (GCN) is a new cable operator in the Caribbean region. It is a subsidiary of Groupe Loret, one of the main players in the French West Indies and Guiana economies, with sales of EUR500 million (US$647 million) in 2005. GCN has been awarded a Public Service Delegation contract by the Regional Council of Guadeloupe (FWI) to build and operate a new submarine cable linking Guadeloupe, Puerto Rico, St.Croix, St. Martin and St. Barthelemy to the rest of the world.

.

 


IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.