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Reliance Com to sell part of FLAG optic fibre capacity |
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| Quote: |
R-Com to sell part of optic fibre capacity
Mumbai, Dec. 14: Anil Ambani-owned Reliance Communications is planning to sell a part of its optic fibre capacity on its FLAG network to global broadband users.
Put simply, the company plans to sell “an asset within an asset” while retaining ownership of the world’s largest private undersea cable.
“The cable is made up of millions of fibre pairs and Reliance Communications is considering selling some of those to large broadband users,” said sources.
The FLAG network — or Fibre-optic Loop Around the Globe — owned by Reliance Communications overseas arm Reliance Globalcom covers 65,000 kilometres and is integrated with the company’s domestic optic fibre network. |
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Posted by phoenix on Tuesday, December 15, 2009 (06:54:23) (1267 reads)
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