• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Nigeria’s Globacom and Huawei to lay undersea fibre cable in Delta oil region

metro by metro
April 27, 2018
in News
0
0
SHARES
0
VIEWS

Nigerian telecoms company Globacom and China’s Huawei Technologies Co Ltd are laying an undersea cable that will provide high-speed internet to oil platforms in the country’s Niger Delta region.

The 850 kilometre-long (528 miles) cable, connecting southwestern commercial capital Lagos with the southern Delta region, is expected to be completed by the first quarter of 2020, the companies told Reuters in an interview on Thursday at Globacom’s Lagos headquarters.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

The Niger Delta, the OPEC member’s oil production heartland, was rocked by attacks by militants on energy facilities that contributed to Nigeria falling into a recession in 2016 since oil sales make up two-thirds of government revenue.

The telecoms firm said it signed the deal on Tuesday.

Globacom, which in 2010 built an international undersea cable connecting Nigeria with Europe, said the new cable would serve companies with offshore oil and gas reserves which experience difficulties transmitting data.

“They are the ones who will really benefit because they are the ones who have to send a huge volume of seismic data,” said Sanjib Roy, Globacom’s regional director on technical matters, adding that communities in the Delta region would also benefit.

Globacom said the cable would be capable of internet speeds of up to 12 terabit per second.

Li Shaowei, deputy managing director of Huawei’s Nigerian unit, said it was providing a “turnkey” solution including the survey, design and installation of the cable.

The companies did not disclose the cost or financing of the project.

Tags: GlobacomHuawei
Previous Post

Buhari appoints secretary, directors for NHRC, NDDC, NERC

Next Post

Oyo Speaker, Michael Adeyemo, is dead

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

Oyo Speaker, Michael Adeyemo, is dead

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version