TMG and WFN Announce Launch of Humboldt Cable Due Diligence Phase
TMG and WFN Begin Due Diligence for the Humboldt Submarine Cable Connecting South America and Oceania
Joint Press Release
May 9, 2022
Washington, DC – Telecommunications Management Group, Inc. (TMG), a prominent consulting firm for the information and communications technology (ICT) sector, and WFN Strategies, a leading submarine cable planning, engineering, and implementation firm, together announce the commencement of the Due Diligence phase for the prospective Humboldt submarine cable project, connecting Chile with Australia and New Zealand.
Awarded originally in 2019 by the Government of Chile, the Humboldt Submarine Cable Feasibility Study was a joint effort between TMG and WFN. Today, TMG and WFN were selected by the Fondo de Infraestructura, S.A. of Chile (Desarrollo Pais) to assist in the first stage of the Humboldt Submarine Cable System. TMG and WFN previously concluded the “Economic, technical, and legal feasibility study of the Submarine Cable project: “Asia-South America Digital Gateway” for the Undersecretary of Telecommunications of Chile, as well as system partner support for Desarrollo Pais.
TMG’s President, Janet Hernandez, noted that “TMG looks forward to the opportunity to work with WFN and DP to support Chile’s Humboldt project. We are honored to be a part of a project that has the potential to change the submarine connectivity landscape between South America and Oceania.”
“WFN Strategies is pleased and proud to expand our support in this groundbreaking project,” said Wayne Nielsen, Managing Director of WFN. “We look forward to our next steps for DP with partner TMG on the Humboldt submarine cable.”
Humboldt will be approximately 15,000 Kms in length and is the first submarine cable system to connect South America and Asia. The transpacific cable will have landing points in Valparaiso, Chile; Auckland, New Zealand; and Sydney, Australia and significantly enhance telecommunications between South America and the Asia-Pacific region.
About Desarrollo Pais
DP is a Chilean corporation owned by the Chilean government treasury (‘Fisco’) (99,964%) and Corporación de Fomento de la Producción or ‘Corfo’ (0,036%) and established to develop business financing and investment activities related to infrastructure projects in Chile. In that capacity, it has conceived of and wishes to advance the Humboldt Cable System (HCS), a (circa) 15,000km submarine cable system that is to be the first such system to connect South America with the Oceania and/or AsiaPacific region.
About Telecommunications Management Group, Inc.
TMG (www.tmgtelecom.com) provides customized assistance to a variety of clients in the ICT sector, including current projects enabling innovative technologies such as 5G, submarine cables systems, satellite broadband, over-the-top services, next generation Wi-Fi, and the Internet of Things. Our engagement on contemporary issues leverages nearly 30 years of experience across more than 100 countries advising private and public sector clients on matters including broadband plans, mobile services, and rural connectivity. TMG’s staff develops legal, regulatory, managerial, economic, and technical strategies focusing on issues related to broadband and ICTs, legal and regulatory reform, market analysis, licensing and tenders, and spectrum planning and management. The TMG team is well-known by stakeholders worldwide for its expertise and for delivering thoughtful strategies, detailed reports, sector insights, and capacity-building programs.
About WFN Strategies, LLC
WFN Strategies, LLC (wfnstrategies.com) is an industry-leading consultancy specializing in the planning, procurement, and implementation of submarine cable systems. WFN has served the telecommunications industry for 20 years and possesses accredited ISO 9001:2015 Quality Management and ISO 14001:2015 Environmental Management systems, and ISO 27001:2013 InfoSec program for the implementation of submarine cable systems for commercial, governmental, and offshore energy companies throughout the world. WFN’s commitment to sustainability spans two decades, recently signing The Climate Pledge and adopting a roadmap to reduce Scope 1, 2, and 3 carbon emissions in line with climate science, and achieve net-zero carbon emissions by 2040. WFN advocates for reduced emissions through sustainable energy alternatives for clients’ submarine cables. In 2019, WFN received the President’s “E” Award for Exports.