By Daily Mirror

Dialog Axiata PLC, a unit of Malaysia’s Axiata Group said, it will invest US $ 30 million on a new sub marine cable and has entered into an agreement with Bay of Bengal Gateway (BBG) Consortium to establish a Cable Landing Station in South Colombo (Mount Lavinia, off De Saram Road).

The BBG submarine cable system, spanning approximately 8,000 km will link Sri Lanka and the region, spanning from Singapore to Oman/ UAE to high capacity Internet hubs in Singapore and India and to onward submarine cable pipes to Europe and the USA.

The project is expected to be fully commissioned by the end of 2014.

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