Sunday, September 2, 2007

Pacific Crossing Selects Fujitsu to Upgrade Cable

Pacific Crossing Limited (PCL) has awarded a contract to Fujitsu to increase the transmission capacity of its trans-Pacific submarine cable network (PC-1 Network). The PC-1 network is PCL's 21,000 km fiber optic system which links the U.S. and Japan. Fujitsu will upgrade the PC-1 network adding an additional 200 Gbps of capacity on each of the four segments of the trans-Pacific network.



Fujitsu said the turn-key deal carries an option for an additional 100 Gbps upgrade of capacity. Under terms of the agreement, PCL's PC-1 system will be lit to at least 390 Gbps of capacity on each segment of its protected network by the first quarter of 2008. This could increase to at least 490 Gbps by the second quarter of 2008 if PCL exercises its upgrade option.

http://www.fujitsu.com

http://www.pc1.com

  • In January 2007, Pacific Crossing raised $50 million in new financing to pay off its remaining debt and finance new projects. The company also announced the appointment of Robert Boss as CEO and Robert Annunziata as Chairman. Boss previously was president of Japan Telecom America. Annunziata has served in a numerous executive positions throughout the telecom industry, including as CEO of Global Crossing during most of 1999.


  • In January 2006, Pacific Crossing Ltd, Inc., a former subsidiary of Global Crossing and of the former Asia Global Crossing (now Asia Netcom), emerged from Chapter 11 bankruptcy proceedings. Over $650 million of existing debt was converted into equity and $25 million in secured debt.



    Pacific Crossing Limited owns and operates the PC-1 cable, a 13,076 route-mile submarine fiber optic cable between the United States and Japan. It also owns and operates cable landing stations in Shima, Japan; Ajigaura, Japan; Grover Beach, California; and Mukilteo, Washington.

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