Posted on 08/05/08
Bharti Airtel signs on to Britain-India cable project
Bharti Airtel, India's top mobile-phone operator, said yesterday it had joined a consortium to build a $700-million (U.S.) submarine cable system. Bharti signed a construction and maintenance agreement in London for the Europe India Gateway (EIG), the first high-bandwidth, optical-fibre cable system from India to Britain, the company said. Fifteen other firms are taking part in the 15,000-kilometre project linking 13 countries across three continents that will start carrying commercial traffic by the second quarter of 2010, it said in a statement. Bharti will operate the Mumbai landing station for the cable system that will support Internet, e-commerce, data and voice transmission. Bharti (Mumbai) fell 30.2 rupees to 816.15 rupees ($19.97).
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