Tuesday, January 6, 2009

International connectivity project gets off the ground

A new €30m project that promises to provide faster broadband at lower costs via a direct link to North America, and which will help Ireland attract more foreign direct investment, is to go ahead, said the Minister for Communications, Energy and Natural Resources, Eamon Ryan TD.

Called Project Kelvin, this is a cross-border venture in partnership with the Northern Ireland Department of Enterprise, Trade and Investment and is co-financed by Interreg funding from the European Union. Following a tender process announced last July, Hibernia Atlantic has won the contract to construct a fibre-optic submarine telecommunications cable, which will be brought ashore in Co Derry. The company is committed to completing construction no later than March next year and will operate the project until December 2018. Read More

Courtesy: Silicon Republic

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