Portugal plans to build a new submarine cable connecting the Azores and Madeira
- July 14, 2019
- Industry News
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The National Communications Authority of Portugal (ANACOM) recently held a first working meeting on a new submarine cable to replace the existing submarine cable connecting the mainland and the Azores and Madeira (CAM) autonomous region, with the aim of analyzing the technical aspects of the project. Financial feasibility.
ANACOM emphasized the need to deploy this new submarine cable system in mid-2018, as Columbus III and Atlantis-2 cables are expected to reach their useful life between 2024 and 2025.
The regulator said that the Portuguese state “must determine the strategic direction on this issue, involving the central government and two local governments, and strive to mobilize EU funds.”
According to reports, the European Investment Bank has agreed to provide Cape Verde with $25 million to help build the EllaLink submarine cable system in response to the upcoming retirement of Atlantis-2.
It is expected that the relevant Portuguese authorities will submit the final plan for the technical and financial feasibility and possible path of the submarine cable project by December 31, 2019
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