Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Cuba and French telecoms operator Orange begin work on subsea cable to Martinique

Published 08/12/2022, 22:11
Updated 08/12/2022, 22:17
© Reuters. FILE PHOTO: The logo of French telecom operator Orange is seen outside a store in Levallois-Perret near Paris, France, January 26, 2022. REUTERS/Sarah Meyssonnier

HAVANA (Reuters) - Cuba said on Thursday it had begun work with French telecoms operator Orange on an underwater cable that will link it to the island of Martinique in a bid to beef up the its connection to global internet and broadband corridors.

The announcement comes one week after the Biden administration urged U.S. regulators to deny submarine cable operator ARCOS-1 USA's application to connect Cuba to the United States through a new undersea cable landing station, drawing criticism from Cuban officials.

Cuban state-run telecoms operator ETECSA announced on Wednesday the alternative undersea cable project, called ARIMAO, noting in a statement that "all the permissions are in place for its deployment."

The statement did not specify the cable's capacity or cost.

On Thursday, work had begun on the project, according to Tania Velazquez, president of ETECSA.

"Today the official act was held to begin the technical work of installing the new submarine cable, the joint work of ETECSA and Orange, which will allow the diversification of Internet connection routes in Cuba," Velazquez said on Twitter.

Until 2013, internet access was limited in Cuba.

The government has increased Web access in recent years, in part thanks to the installation of the ALBA-1 fiber-optic cable to political ally Venezuela, the country´s only existing undersea telecoms connection to the rest of the world.

But as more and more Cubans get online and demand soars, Cuba has increasingly sought alternative avenues to link to global telecommunication corridors. Around 300 subsea cables form the backbone of the internet, carrying 99% of the world’s data traffic.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Cuba´s partner in the project, French telecoms operator Orange, was in 2020 ordered by a Paris court to pay local rival Digicel compensation for anti-competitive practices in the French Caribbean, including Martinique.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.