wiredinUSA February 2020

Subsea cable loses a partner

Citing a lack of resources, Telebras has withdrawn from a 40Tbps submarine cable project between Brazil and Europe.

The company is reported to have written to its partner, Ellalink Ireland, to amicably terminate the contract that was first announced in January 2019.

Telebras has been included in Brazil’s fiscal and social security budget for 2020 with the status of dependent state-owned company, which means it was unable to assume any payment for the project during 2020.

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wiredInUSA - February 2020

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