Global Cloud Xchange (GCX), the submarine cable unit of Reliance Communications (RCom), has commenced work on a submarine cable linking Mumbai to Singapore. The cable system will incur a total investment of $200 million (about Rs 1,200 crore).
GCX will invest about $40-45 million in the sub-sea cable system India Cloud Xchange (ICX) and the remaining will be pooled in by its partners. The 5,060-km-long cable network will be ready for service by the second quarter of 2016.
ICX cable will have its main landing station in Mumbai, with provisions for landing stations in Thiruvananthapuram and Chennai. On lighting up, the ICX cable will provide direct connectivity to major business centres in Asia, West Asia, North America and Europe.
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