Latest news with #DesarrolloPais
The Sun
3 days ago
- Business
- The Sun
Chile, Google sign deal for first-ever S.America-Asia fiber optic cable
SANTIAGO: Chile and Google inked an agreement Wednesday for the installation of the first-ever submarine fiber optic cable between South America, Asia and Oceania by 2027. South America relies for its digital connectivity on infrastructure running through North America, and the new multi-million dollar will provide a faster alternative. 'This cable not only meets a technical need, but also represents a bet on resilience, diversification of digital routes, and the opening up of new possibilities for international collaboration,' Foreign Minister Alberto van Klaveren said at the signing ceremony in Santiago. Dubbed the 'Humboldt Project,' the 14,800-kilometer (nearly 9,200-mile) cable will run from Valparaiso on Chile's Pacific coast to Sydney, Australia, via French Polynesia. According to Google, this will be the first such cable to directly connect South America and the Asia-Pacific. When the partnership was first announced in January 2024, the Chilean government stated the cable would have a capacity of 144 terabytes per second and a lifespan of 25 years. It could also benefit other countries in the region such as Argentina, Paraguay, and Brazil. 'In an international context marked by growing geopolitical tensions and strategic competition... initiatives such as the Humboldt Project take on particular importance,' Van Klaveren said. The new cable will notably reduce 'latency' -- the lapse between sending and receiving a signal, added Transport and Telecommunications Minister Juan Carlos Munoz. 'This fraction of a second could make the difference between a good and a less good intervention' in the field of telemedicine, he said. Google has not disclosed the amount of its investment, but the head of state-owned company Desarrollo Pais, Patricio Rey, said the original price tag had been estimated at between $300 million and $550 million. The Chilean state will contribute $25 million.
The Sun
3 days ago
- Business
- The Sun
Chile, Google sign deal
SANTIAGO: Chile and Google inked an agreement Wednesday for the installation of the first-ever submarine fiber optic cable between South America, Asia and Oceania by 2027. South America relies for its digital connectivity on infrastructure running through North America, and the new multi-million dollar will provide a faster alternative. 'This cable not only meets a technical need, but also represents a bet on resilience, diversification of digital routes, and the opening up of new possibilities for international collaboration,' Foreign Minister Alberto van Klaveren said at the signing ceremony in Santiago. Dubbed the 'Humboldt Project,' the 14,800-kilometer (nearly 9,200-mile) cable will run from Valparaiso on Chile's Pacific coast to Sydney, Australia, via French Polynesia. According to Google, this will be the first such cable to directly connect South America and the Asia-Pacific. When the partnership was first announced in January 2024, the Chilean government stated the cable would have a capacity of 144 terabytes per second and a lifespan of 25 years. It could also benefit other countries in the region such as Argentina, Paraguay, and Brazil. 'In an international context marked by growing geopolitical tensions and strategic competition... initiatives such as the Humboldt Project take on particular importance,' Van Klaveren said. The new cable will notably reduce 'latency' -- the lapse between sending and receiving a signal, added Transport and Telecommunications Minister Juan Carlos Munoz. 'This fraction of a second could make the difference between a good and a less good intervention' in the field of telemedicine, he said. Google has not disclosed the amount of its investment, but the head of state-owned company Desarrollo Pais, Patricio Rey, said the original price tag had been estimated at between $300 million and $550 million. The Chilean state will contribute $25 million.
Time of India
3 days ago
- Business
- Time of India
Google and Chile sign agreement to deploy trans-Pacific submarine cable
SANTIAGO: Alphabet's Google signed an agreement with the Chilean government during a meeting on Wednesday to deploy a 14,800-kilometer (9,196-mile) submarine data cable across the Pacific Ocean to connect with Australia and Asia, set to be operational by 2027. The pact, the first of its kind between the technology giant and a country, aims to bolster Chile's digital connectivity with Asian nations, including China, Chile's largest trading partner, while advancing its ambitions to become a regional hub for Latin America. "It's the first submarine cable in the South Pacific, so it's an important commitment in that we have an extraordinary strategic partner for a cable that should be operational in 2027," Transport Minister Juan Carlos Munoz told journalists. Cristian Ramos, head of telecommunications infrastructure for Alphabet's Latin American unit, said the cable would be open for use by other entities, including technology firms operating in Chile. The initiative coincides with intensifying competition between China and the United States for influence in Latin America, with submarine cables emerging as crucial infrastructure in their technological rivalry. While the total investment in the project remains undisclosed, Chilean officials had previously estimated costs ranging from $300 million to $550 million, with Chile contributing $25 million, according to Patricio Rey, general manager of Desarrollo Pais, a state-owned partner in the venture. Authorities suggested the cable could enhance the performance of Asian platforms like TikTok, facilitate astronomical data transmission, and support mining operations in both Chile and Australia. "Mining companies that have operations in Chile and Australia, by having a direct route, we can think about a shared command center... where the command centers can support each other," said Deputy Secretary of Telecommunications Claudio Araya. The cable, connecting Valparaiso in Chile's central region to Australia, is scheduled for deployment next year. Chile's state Desarrollo Pais is also looking into linking the cable to Argentina via a border crossing. Partners aim to identify an operator to commercialize the cable's capacity, though a selection may not be finalized before year-end. Araya said the initiative could attract similar ventures to connect South America with Asia. Separately, Chile is planning a submarine cable to link the southern tip of South America with Antarctica, primarily for research purposes.
Yahoo
4 days ago
- Business
- Yahoo
Google and Chile sign agreement to deploy trans-Pacific submarine cable
SANTIAGO (Reuters) -Alphabet's Google signed an agreement with the Chilean government during a meeting on Wednesday to deploy a 14,800-kilometer (9,196-mile) submarine data cable across the Pacific Ocean to connect with Australia and Asia, set to be operational by 2027. The pact, the first of its kind between the technology giant and a country, aims to bolster Chile's digital connectivity with Asian nations, including China, Chile's largest trading partner, while advancing its ambitions to become a regional hub for Latin America. "It's the first submarine cable in the South Pacific, so it's an important commitment in that we have an extraordinary strategic partner for a cable that should be operational in 2027," Transport Minister Juan Carlos Muñoz told journalists. Cristian Ramos, head of telecommunications infrastructure for Alphabet's Latin American unit, said the cable would be open for use by other entities, including technology firms operating in Chile. The initiative coincides with intensifying competition between China and the United States for influence in Latin America, with submarine cables emerging as crucial infrastructure in their technological rivalry. While the total investment in the project remains undisclosed, Chilean officials had previously estimated costs ranging from $300 million to $550 million, with Chile contributing $25 million, according to Patricio Rey, general manager of Desarrollo Pais, a state-owned partner in the venture. Authorities suggested the cable could enhance the performance of Asian platforms like TikTok, facilitate astronomical data transmission, and support mining operations in both Chile and Australia. "Mining companies that have operations in Chile and Australia, by having a direct route, we can think about a shared command center... where the command centers can support each other," said Deputy Secretary of Telecommunications Claudio Araya. The cable, connecting Valparaiso in Chile's central region to Australia, is scheduled for deployment next year. Chile's state Desarrollo Pais is also looking into linking the cable to Argentina via a border crossing. Partners aim to identify an operator to commercialize the cable's capacity, though a selection may not be finalized before year-end. Araya said the initiative could attract similar ventures to connect South America with Asia. Separately, Chile is planning a submarine cable to link the southern tip of South America with Antarctica, primarily for research purposes. Sign in to access your portfolio
