Reliance Communications (RCom) is planning to set up sub-sea cable linking Mumbai to Singapore with a total investment of $200 million. The new ICX cable is part of the company’s strategy to provide a direct route to emerging markets corridor.
RCom, which is also in discussion with three entities to partner in the project, will spend around $40-45 million in the cable system. The remaining amount would be brought in by its three partners, of which one is a technology partner.
The submarine cable would have landing stations at Mumbai, Thiruvananthapuram and Chennai, before proceeding to Singapore. Moreover, the setting up of sub-sea cable will be completed in 24 months.
Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.
