Another communication revolution is set to go as the Reliance Communications is planning to spend more than Rs 7,000 crore in the coming three years for that.
Reliance Communication has planned to build an advanced submarine cable system to connect as many as 60 countries with India.
According to the report, the new optical fibre cable system, named as FLAG NGN (Next Generation Network), would be planned to build just over the already existing FLAG cable system. The company operates this cable system now but planning to set up a next generation cable system.
Anil Ambani, chairperson, Reliance Communications said that
with this establishment, the undersea cable network would be the largest one in the world.
The Rel. Comm. will be rated as one of the three largest submarine cable companies working in the world.
Its network would be able to connect more than 5 billion people, through its partners across the globe.
Ambani said further that the new cable network will be based on the new technology and would be helpful is to meet future demand coming from its partners as well as its customers too.
According to Industry analysts, this is a part of the policy of Rel Comm to make itself ready for the 3G of mobile services scenario to launch in the Indian telecom space. Once it would be launched in India, the customers will be able to do more things their cellular handsets.
With this massive investment, the company would grow another 50,000 kilometers of network possibly by the end of December 2009. It will help the FLAG’s global network to go 1.15 lakh kilometers more and RelComm group’s to 2.30 lakh kilometers more..