Deep Blue Cable, Denis O’Brien’s $350 million Caribbean undersea telco infrastructure company, is eyeing a potential landing on the communist island of Cuba for its high-speed fibre-optic cable, which would be used by broadband providers and internet companies.
Mr O’Brien has invested on a personal basis in Deep Blue, which this month begins preparatory work on threading a swathe of island nations around the region with fibre. The project aims to be operational by the end of 2019. Mr O’Brien has said the cost of the rollout may eventually rise to $450 million.
An initial 12 fibre landings over the next 30 months are pencilled in for markets including the Cayman Islands, Curaçao, the Dominican Republic, Haiti, Jamaica, Puerto Rico and Trinidad & Tobago.
Mr O’Brien’s Digicel is already a major telecommunications player in some of these markets.
Eventually, Deep Blue hopes to make up to 40 landings, bringing in major Latin American markets such as Panama and Colombia. Deep Blue plans to sell cable access on a wholesale basis to broadband providers, and will then be able to sell high-speed internet services directly to customers.
Deep Blue also plans to market its services directly to major “over-the-top” internet companies, which would include the likes of Facebook or Skype whose services consume large amounts of data.
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