Boston, December 12, 2016. Seaborn Networks, a leading developer-owner-operator of subsea fiber optic cable systems, announced the introduction of SeaSpeed™, the lowest latency point-to-point solution between Carteret, New Jersey and São Paulo, Brazil. This new offering, available exclusively from Seaborn, sets a new ultra-low latency standard between the financial centers of North America and South America.
Seaborn’s Seabras-1 submarine cable, with a committed ready-for-service date of June 2017, is a key enabler for SeaSpeed. Seabras-1 is the first direct point-to-point cable system between New Jersey/New York and São Paulo.
SeaSpeed, available directly and exclusively from Seaborn, represents a multi- millisecond step-change in lowest latency offerings for the US-Brazil financial path. SeaSpeed also includes: (1) industry-leading service level agreements; (2) circuits activated in a few days, not several months; and (3) direct communications for customers with Seaborn as the submarine cable developer-owner-operator.
“Seabras-1 was already expected to offer improved latency over the multi-point solutions that currently exist on this route,” said Paul Creelman, Business Development Director & Head of Low Latency Sales. “However, SeaSpeed is an enhanced, proprietary end-to-end solution that offers the fastest path.”
The full USD 500 million project funding for Seabras-1 was completed in 2015, on top of more than USD 20 million of research & developmental capital previously invested in the project. Manufacturing of the cable is 100% complete, and the cable lay will commence in early Q1 2017. Seaborn is the independent developer, operator and co- owner of Seabras-1. Seabras-1’s other co-owner on behalf of its clients is Partners Group, the global private markets investment management firm with more than USD 55 billion in assets under management.
ABOUT SEABORN NETWORKS
Seaborn Networks is a leading developer-owner-operator of independent submarine fiber optic cable systems, including Seabras-1. Seabras-1 is the only direct point-to- point submarine cable system between the United States and Brazil. Seaborn was founded by successful submarine cable and wholesale carrier executives with experience in designing, building and operating many of the world’s largest submarine and terrestrial networks. For additional information, see www.seabornnetworks.com
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