CAPE TOWN, South Africa, 16 November 2016,-/African Media Agency (AMA)/- IOX CABLE Ltd, a subsidiary of INDOI LTD, has signed a MOU with Mauritius Telecom to build a state of the art undersea cable system – IOX Cable System.
This US$ 150 M cable project will allow Mauritius to have a third independent undersea cable connectivity to Africa and the rest of the world and in turn reinforce Mauritius, as an emerging innovation giant in Sub-Saharan Africa.
The IOX cable system will be the first open access cable system in the region and offer the opportunity for any licensed operators to benefit from the latest technology and seamless access, throughout the life cycle of the cable system. The IOX undersea cable system design will also allow it to connect to existing and future undersea cable projects off the East coast of Africa.
This third undersea cable initiative will also act as a hotbed, to accelerate the development of technology-enabled business and innovation. It will permit the African and Indian business community to connect seamlessly, by leveraging on fast and reliable digital infrastructure, ranging from undersea cable to data centers and cloud platforms. Furthermore, this will significantly enhance and improve the development of the broadband infrastructure in Mauritius to support and drive new economic models centered around the new digital economy.
The IOX Cable is expected to be ready for commercial service by the first quarter of 2019.
Distributed by African Media Agency (AMA) on behalf of INDOI Ltd.
About IOX Cable LTD
IOX Cable Ltd (www.iox.mu) is a Mauritius registered company having executives with experience in submarine cable building in Africa, Asia, and the Middle East. IOX Cable Ltd is collaborating and connecting with the submarine telecommunications industry in its quest for better technology, connectivity, cost effective operations and maintenance by providing turnkey solutions to design, build, operate & maintain submarine cable systems.
About Mauritius Telecom
Mauritius Telecom (MT) Ltd (www.telecom.mu) is the leading telecommunications operator and service provider in Mauritius. Incorporated in 1988 as Mauritius Telecommunication Services, it acquired the assets of Overseas Telecommunications Services in 1992 and was renamed Mauritius Telecom. It has since enjoyed a phenomenal rate of development and it is now one of the top companies in the country, with revenue of Rs 9.1 billion in 2014.
For further details, please contact:
IOX Cable LTD
Tel: +230 4054300