Flag Telecom, a company owned by India’s ADA Group that also owns Reliance Communications, said it has signed a contract with T-Com, Deutsche Telekom AG’s broadband and fixed line business, to provide 180 gigabits of additional broadband connectivity between Europe and the U.S.
The additional capacity will enable Deutsche Telekom to enhance scalability and reliability of service to its customers. Demand for voice, data, and Internet between these the U.S. and Europe has been growing rapidly and the total used capacity on the. route has grown at around 48% year-on-year between 2002 and 2006, the company said in a press release. Demand is expected to grow at a higher or similar rate in the coming years.
“We have worked closely with Deutsche Telekom to understand their needs, while designing this flexible, scalable and high quality solution. The solution exacting to Deutsche Telekom’s customer service offers them excellent value for money,” said Gary Adey, Flag Telecom’s Vice President Europe.
Is there an indication of the price which FLAG has sold this capacity at?