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FLAG Telecom to invest $ 1.5 billion in New Undersea Cables

India’s Reliance Communications unveiled plans to invest US$1.5 billion (nearly Rs. 7000 crore) to expand FLAG Telecom’s global optic fiber network.

Termed – FLAG Next Generation Network (NGN), the project involves laying 50,000 additional kms of undersea optic fiber cable reaching 6O countries.

FLAG NGN will comprise of the following 4 systems:

.http://www.flagtelecom.com

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