$ 300 million undersea fiber optic cable in Europe and America$ 300 million undersea fiber optic cable in Europe and America

  Private Hibernia fast (Hibernian Express) has completed the appropriate sea-bed exploration, the total length of 6021 km of high-speed fiber optic cable across the Atlantic from the U.S. east coast has started laying direction. This cost over $ 300 million fiber optic cable will be built between New York and London dealers save time 6 ms.

       This will be the decade's first trans-Atlantic fiber-optic cable laying project. Recent construction of fiber optic cable or similar. Com bubble, the height of the 1990s, a large number of telecommunications companies rush to enter the field of infrastructure construction.

       Will have this property of the Hibernia Atlantic cable company plans after the completion of this particular line of ultra high-speed bandwidth, two sold to London and New York City's highly competitive trading firms and banks, but this resource is expected to be in short supply. According to Hibernia fast prediction, the two high-frequency traders would be willing to use existing lines for more than 50 times the cost price to buy as many new lines.

          The current market leader, Global Crossing's AC-1 cable provides connection time from New York to London is 65 milliseconds; New Hibernia fast line will save about 6 ms time. Although not very accurate estimates accordingly, and will change according to actual situation, but according to the company's statement, every 1 ms advantage for large hedge funds, means that more than a year to earn at least $ 100 million.

           Global Marine Systems from the UK company will be responsible for the laying of this line, according to their plan, the line will be as much as possible in accordance with direct flights from London to New York the line forward, any one of these than the current trans-Atlantic cable distance is even shorter. Hibernia Atlantic vice president of business development, said, "We spent 18 months to plan the line if we were on the line in time to defeat others, we put the customer's money back to them, so to speak, if we went wrong, my boss will kill me direct trouble. "