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Korea Telecom (KT) has signed an agreement with Chilean telecom operator CTR (Comunicacion y Telefonia Rural) to oversee the construction
of the world's southernmost submarine cable.
Under the terms of the contract, KT will be responsible for inspecting, managing and overseeing the construction of a 3,000-kilometer submarine cable system connecting Puerto Montt and Puerto Williams as part of
the Chilean government's $100 million "Fibra Optica Austral" project.
In addition, KT also agreed to explore more business opportunities
with CTR in areas such as 5G and IoT technology.
The goal of the "Fibra Optica Austral" project PPP cooperation is to provide telecommunications services to 300,000 Chileans living in the Patagonian region with lagging Internet services, bringing much-needed economic, tourism and trade benefits
.
Korea Telecom (KT) has signed an agreement with Chilean telecom operator CTR (Comunicacion y Telefonia Rural) to oversee the construction
of the world's southernmost submarine cable.
Under the terms of the contract, KT will be responsible for inspecting, managing and overseeing the construction of a 3,000-kilometer submarine cable system connecting Puerto Montt and Puerto Williams as part of
the Chilean government's $100 million "Fibra Optica Austral" project.
In addition, KT also agreed to explore more business opportunities
with CTR in areas such as 5G and IoT technology.
The goal of the "Fibra Optica Austral" project PPP cooperation is to provide telecommunications services to 300,000 Chileans living in the Patagonian region with lagging Internet services, bringing much-needed economic, tourism and trade benefits
.
