Prysmian Awarded Eur 50 Mln Chile Undersea Cable Contract
February 21, 2019
Milan-listed cable maker Prysmian has been awarded new contracts worth around EUR 50 million by Chilean telecommunications firm GTD to develop a 3,550 km-long subsea fibre-optic cable system. The project involves the design, supply and installation of cables stretching from the northern city of Arica along the Pacific coast to Puerto Montt in the south of the country. Prysmian will supply 11 cable segments of a length ranging from 135 km to more than 400 km produced at its production facility in Nordenham, Germany.
Delivery of cables is planned by December 2019, said Prysmian, adding that the system will help to greatly improve Chile’s telecom and broadband infrastructure, while also connecting many underserved regions to a state-of-the-art broadband fibre network. GTD previously announced that the network will offer an initial capacity of 4 Tbps and is due for completion in H2 2020.