HÀ NỘI — Military telecom group Viettel said it has spent US$50 million to connect the AAE-1 international submarine cable network with its station in the southern province of Bà Rịa-Vũng Tàu. The 23,000km system, stretching across Asia, Africa and Europe, costs an accumulated US$820 million, financed by 20 partners from 18 countries, including Việt Nam’s Viettel and VNPT. In late June, the AAE-1 cable project management board announced that the fibre optic cable system was officially completed and ready for service. AAE-1 is the fourth submarine cable system to be invested by Viettel, besides AAG, IA, APG, and AAE-1. AAE-1 project is expected to contribute to meet the increasing demand for international transmission capacity of Viettel, while enhancing safety and capacity in case of incidents for Viettel’s international transmission network (sharing the load with other submarine cable systems owned by Viettel such as AAG, IA, APG).

Source: Viet Nam News July 12, 2017 08:32 UTC