Brazilian long distance operator Embratel (NYSE: EMT) is scheduled to inaugurate today the Brazil-United States section of the Americas II submarine cable, which links North America, South America and the Caribbean.
Venezuelan operator Cantv (NYSE: VNT) launched the Caribbean section of the cable end-August. The six principal investors in the cable are AT&T (NYSE: T), MCI Worldcom (NASDAQ: WCOM), Sprint (NYSE: FON), Embratel, Antelecom of the Netherlands and Cantv.
The 34 owner-members also include Telecom Italia (NYSE: TI), Spain's Telefonica (NYSE: TEF), France Telecom (NYSE: FTE) and Canada's Teleglobe (NYSE: TGO).
The 8,159km cable operates at 40Gbps, equivalent to 438,000 simultaneous conversations, with landing points in Brazil, French Guiana, Trinidad & Tobago, Venezuela, Curaçao, Martinique, Puerto Rico and the US.
The cable connects with the Columbus III cable linking Florida and the Caribbean to the Mediterranean.