Subtel seeks partners to finance Asia-Pacific subsea cable route

Chilean telecommunications watchdog Subtel announced a search for partners to finance a project to lay subsea fibre optic cables to connect South America to the Asia-Pacific region. Subtel said state-owned company Desarrollo Pais will take charge in searching of financiers for the project. Construction is expected to begin in 2022 with an estimated 13,180km of cable needed to be laid.

Source: Developing Telecoms