Home    |    Online Radio    |    Contact Us    |    Submit Articles    |    Login
Peace FM Online on Facebook Facebook
Peace FM Online on Twitter Twitter
Mobile

 TOP STORIES
 Business News
 Economy
 Banking/Finance
 Stock Market
 Industry/Manufacturing
 


 MARKET DATA
 Market Summary
 Share Prices
 Investment Funds
 Base Rates
 Companies (stocks)
 
 
 
 
 
GLO’s Fibre Cable Lands in Ghana
 
Date: 30-Sep-2009       
 
Share Story With Friends
 Comments    Email    Print
 
 
 
 
Related Stories
 
Ghana’s telecommunication industry is set to become one of the most competitive in the world as Globacom, Nigeria’s leading telecommunication provider’s undersea fibre optic cable landed in Accra yesterday, Tuesday, 30th September, 2009.

The arrival of the fibre optic cable means Ghana will now have high speed internet service, make telecom services faster and more reliable, Speaking at a ceremony to officially mark the landing of the cable at the beach behind the Castle at Osu by mid-day yesterday, Haruna Iddrisu, Minister of Communications, said the arrival marked an important milestone in the country’s telecommunications landscape as it sought to improve its communications infrastructure.

“In Ghana, currently the fibre optic capacity is 120 gigabits per second. With the facility to be provided by Glo, the current capacity will increase to 640 gigabits per second and an ultimate capacity of 2.5 terabits per second thus increasing up time reliability to 99.9 per cent,” he said.

The landing of the submarine cable in Ghana makes Globacom the first single operator to successfully link submarine cable from the United Kingdom to Nigeria and Ghana, a project designed to crash telecom prices and make bandwidth abundantly available.

“The event is historical because it is the first time that a single company has embarked on such a project on the continent.”

Mr. Iddrisu said the 9,000 kilometer long cable, expected to be in operation soon, would deliver transmission capacity that would provide quality telecom services to Ghanaians and other African countries.

“This robust connectivity facility should be capable of facility should be capable of facilitating world class, long distance voice, video and data communications services for Ghana and Glo deserves commendations for this investment which is of immense economic value,” he said. The minister said currently broad band penetration in the country was less than five per cent, noting that, did no augur well for a country striving to be the hub of Information Communications Technology in the sub-region.

“Increased broadband penetration will undoubtedly improve and place Ghana in a competitive advantage for Business Process Outsourcing (BPO) and Information Technology Enabled Services,” he said.

To ensure fairness in the country’s telecom industry the Minister asked the National Communication Authority (NCA) to develop and publish a regulatory policy on international connectivity to eliminate anti-competitive practices and behaviours such as frustration of competition by operators who want to dominate the market. That, process, he said should lead to the development of a plan, in collaboration with all sector players, to bring down price wholesale international connectivity prices.

Mr. Paddy Adenuga, Group Chief Executive Officer of Globacom, said the project would completely transform the country’s telecom industry. He said the landing of the fibre optic undersea cable by the company was a major achievement as the trend in the global telecommunication industry was for a consortium of companies or nations to combine resources to build submarine cables. The project, he said, would help to minimize the difficulties of switching traffic between African countries and eliminate the inconveniences and added cost of first routing traffic to Europe.

Globacom secured licence in June, last year, to operate as Ghana’s sixth mobile communication operator and are expected to commence operation before the end of the year.
 
 
 
Source: Times
 
 
 
COMMENTS (6)
 
  Records 1 to 6 of 6
   
 
majik
Hey willie pee...are you that dumb!!! The paragraph says "the first single operator to successfully link submarine cable from the United Kingdom to Nigeria and Ghana".
Date: 2010-02-10 10:46:17
 
 
eric owusu awuah
i think glo has done a good job and the rest should start learning frm them cos their charges wil be very competitive.
Date: 2009-10-06 19:18:36
 
 
Femo
Praise God oh. we can finally have fast and relaible internet access
Date: 2009-10-06 08:08:12
 
 
Chibuike kenneth
I sincerely commend the owners of Globacom for their relentless efforts to transforming the continent of Africa. They have proved to the world that they are citizens of Africa and not just Nigeria. Continue to be the number one. BRAVO. Long live Globacom, Long live Ghana, Long live the Federal Republic of Nigeria.
Date: 2009-10-05 22:52:15
 
 
gogen toke
@ willie pee globacom is the first single operator to build a cable connecting Ghana and Nigeria to the UK because the other cable (SAT 3) is owned by a consortium (telkom, nitel, and other incumbent telcos). so i think the report is accurate.
Date: 2009-10-05 20:59:23
 
 
willie pee
peace fm koraa nyen nye mu den , let's analyse dis paragraph "The landing of the submarine cable in Ghana makes Globacom the first single operator to successfully link submarine cable from the United Kingdom to Nigeria and Ghana, a project designed to crash telecom prices and make bandwidth abundantly available." how cn the landing in GHANA make them the first to link UK to Nigeria and Ghana bt how. and finally Globacom ain't the leadind telecom company in Nigeria they r the second hoping to become the first soon and i think they will be soon.
Date: 2009-09-30 21:53:16
 

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
 
 
Post A Comment

Name:
Comment:
 
 
 
   
 
 
 
 
 
 


 
Latest Stories
More Stories>>