CABO VERDE, Spain and MADRID, Spain, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Cabo Verde Telecom and EllaLink are pleased to announce the contract signature of their agreement to deliver connectivity from Europe and Latin America to Cabo Verde via the EllaLink Submarine Cable System.
The alliance with Cabo Verde Telecom, alongside existing agreements and support from EllaLink’s equity sponsor Marguerite II, will enable commencement of implementation activities for the project. The EllaLink system, due to be operational in 2020, is a state-of-the-art 4 fiber pair submarine cable designed to satisfy the demand for traffic between Europe and Latin America.
Mr. Jose Luis Livramento, the CEO of CVT expressed “Cabo Verde enjoys a unique geopolitical position in the Atlantic, equidistant between Europe and Latin America and close to Africa with a stable and solid commitment to order and democracy, all of which makes it the ideal hub for interconnecting these territories,” adding “EllaLink has worked hand in hand with CVTelecom over the last two years to ensure Cabo Verde will benefit from this unique opportunity to secure and grow its highly competitive international connectivity. Investing in the EllaLink system will position Cabo Verde as a leader in the digital transformation of the region.”
Alfonso Gajate Chairman of the EllaLink Board noted “This agreement with Cabo Verde Telecom is fundamental to the project allowing us to move ahead and start to build the EllaLink submarine cable system. CVTelecom’s $25M investment in EllaLink marks an important strategic decision for the country which will aid the development of its social and economic vision. Connecting Cabo Verde to Europe and Latin America with an initial capacity of 200Gbps will enable CVTelecom to create an Information Technology platform in the Atlantic. We are delighted to have confirmed our partnership with CVTelecom today and look forward to continuing to work together on the implementation of EllaLink.”
With this new connectivity to Praia, the Cabo Verde islands will have enhanced diversity and resilience within their telecoms infrastructure, as well as access to capacity that will contribute to the fast-paced internet and 5G data growth in the region. Alongside Praia, the landing sites in Fortaleza (Brazil), Praia Grande (Brazil) and Sines (Portugal) have been secured. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis.
About CVTelecom
Cabo Verde Telecom SA known as CVTelecom is the largest telecommunications provider Group in Cape Verde. Due to regulatory vertical separation of the markets, Cabo Verde Telecom fully owns CVMóvel and CVMultimedia which are telecommunication operators, leaders in the provision of services on the mobile and multimedia sectors.
Cabo Verde Telecom explores a service concession from the State of Cape Verde, operating its fixed network which includes among others, the inter-islands fiber optics submarine cable system, as well as the international fiber optics submarine cable systems, Atlantis 2 and WACS. The EllaLink system will be the fundamental factor to secure the connectivity of Cape Verde to the world and enable the development of the social and economic vision of the country.
About EllaLink
EllaLink is an advanced subsea cable system offering secure high capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.
The EllaLink System is being built with state-of-the-art coherent technology initially offering 72Tbps of capacity over four fiber pairs. The landing sites in Praia Grande (Brazil), Fortaleza (Brazil) and Sines (Portugal) have been secured, and EllaLink is scheduled to be Ready for Service in 2020. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis. To learn more visit ella.link or contact info@ella.link
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