SUBTEL Awards Study to the University of Chile Related to the Transoceanic Submarine Cable
By Jose Carvajal Vega
January 27, 2021
The Transoceanic Cable project is quite advanced, as the Undersecretariat of Telecommunications (SUBTEL) calls it, the fiber optic route that seeks to link South America from Chile with Asia connecting in Oceania. This is because after receiving financing offers and after the publication of the feasibility study , the same authority awarded a new study .
This is the study that seeks to analyze the synergies of the transoceanic project with the rest of the projects that seek to operate in this part of the world. In this way, the portfolio directed by Pamela Gidi awarded to the Faculty of Physical Sciences and Mathematics of the University of Chile.
The study house was chosen among six offers received by the authority , which were: EY Consulting Chile SpA, Telecom Advisory Services, LLC, EY Consulting Chile SpA and Telecom Advisory Services, LLC and Bluenote Management Consulting Colombia SAS, apart from the winning bid.
For the preparation of this study, there is a budget of USD 125,000 obtained through the agreement of the Ministry of Transportation and Telecommunications and the Andean Development Corporation (CAF). According to the undersecretary, “it is of great interest for both Subtel and CAF to analyze how the development of regional networks will be promoted, the emergence of new data-intensive industries, and the strengthening of the scientific and research industry thanks to to the development of the Transoceanic Cable, an initiative that will connect South America with the Asia-Pacific region ”.
According to Subtel, during 2021 it is expected to finalize the financing of the project for which some US $ 388 million would be required. After that, a consortium must be created that will be the owner of the submarine cable, for Chile it will be represented by Desarrollo País.