Global Crossing inaugurates Costa Rican submarine cable

July 18, 2008
JULY 18, 2008 -- Global Crossing; Instituto Costarricense de Electricidad (ICE), the state-run entity responsible for Costa Rica's telecommunications; and the Radiografica Costarricense S.A. (RACSA) hosted a ceremony today at the new Unqui cable station in the town of Esterillos.

JULY 18, 2008 -- Global Crossing (search for Global Crossing) has announced the lighting of its new fiber-optic submarine cable in Esterillos of Parrita, Puntarenas, Costa Rica. Global Crossing; Instituto Costarricense de Electricidad (ICE), the state-run entity responsible for Costa Rica's telecommunications; and the Radiografica Costarricense S.A. (RACSA) hosted a ceremony today at the new Unqui cable station in the town of Esterillos. Costa Rican President Oscar Arias along with executives from Global Crossing, ICE and RACSA were expected to attend the event to launch the new system.

The parties expect the cable will facilitate the expansion of ICE's international network to the rest of the world through Global Crossing's network, allowing Costa Rica to increase reliability of its international telecommunications and strengthen the country's competitiveness, not only within Latin America, but on a worldwide scale.

"We're excited to reinforce our partnership with ICE in this initiative to expand Costa Rica's telecommunications services and increased connectivity around the world. This agreement is another step in the ongoing, cooperative effort between ICE, RACSA, and Global Crossing to promote the continuous social and economic growth of the country," said John Legere, Global Crossing's CEO.

The new cable connection is an extension of the Pan American Crossing (PAC), which connects the United States' west coast, Mexico, Panama, Venezuela, and the Virgin Islands, in addition to the east coast of the United States, South America, Europe, and Asia, via Global Crossing's other underwater cable systems.

ICE has modernized and expanded its communications infrastructure at an international level, enabling national and multinational companies in the country to speed the flow information. The new cable landing is an important milestone for Costa Rica as it strives to develop a telecommunications infrastructure that will support the country's fast-growing demand for broadband applications, the parties say.

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