The Cabildo of Tenerife, through the public company Canalink, is going to invest some 10 million euros in the deployment of a new submarine cable that will connect the archipelago with the Peninsula through Gran Canaria and Lisbon.
It is new fiber optic cable – the seventh one promoted by the public company – is part of the international project ‘2Africa’ that promotes an international consortium made up, among others, by Vodafone and Facebook. This new technological resource has a budget of 10 million euros and will come into operation in 2023.
The president of the Cabildo de Tenerife, Pedro Martin, has highlighted the importance of this new submarine cable since “strengthens the future of the digital economy” in Tenerife and will give a “great versatility” to the entire public and private network of the island with an ultra-fast broadband route and promoting 5G. In addition, Martín has insisted that with this new resource Tenerife “takes a step forward” and is “at the forefront” of communication, which will provide “opportunities” for employment and economic development, which are expanded when the cable leaves from Gran Canaria and take advantage of Vodafone infrastructures on that island. Along the same lines, the Minister of Roads, Mobility, Innovation and Culture, Enrique Arriaga, it has been pointed out that, with this cable, the public company Canalink “will continue to be at the forefront” of telecommunications in the Canary Islands.
For his part, the director of Vodafone in the Canary Islands, Javier Alvarez, has stated that the new cable will help connect Africa, Europe and the Middle East, with “full coverage” to power 5G, and will turn the Canary Islands into the “technology hub” to operate in the African market. In his opinion, the economic impact will be “brutal” for entrepreneurship because there will be “more speed and capacity” and new services could be offered, through 5G technology, “difficult to think”.
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