By Market Watch

The Telkom Kenya-operated undersea cable has gone live, the firm said in a statement late Friday.

The Lower Indian Ocean Network submarine cable, or LION2, whose laying cost is over 5.7 billion Kenya shillings ($68.59 million), was switched on Friday and is expected to significantly boost Kenya's bandwidth capacity, Telkom Kenya Chief Executive Mickhael Ghossein, said in a statement emailed to Dow Jones Newswires on Saturday.

Telkom Kenya is a subsidiary of France Telecom (FTE, FTE.FR).

The undersea cable, the fourth to land in Mombasa, is a 2,700-kilometer extension of the initial Lower Indian Ocean Network that connects Madagascar to the rest of the world. It provides alternate onward connectivity from Kenya to Asia and Europe, the statement said.

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