Data Access, 2 Others To Invest $100 M In Undersea Cable Link

New Delhi, Nov 18: | Updated: Nov 19 2003, 05:30am hrs
Data Access, along with two partners, plans to invest around $100 million in setting up an undersea cable link from India to Middle East. The 3,500 km undersea cable link will be used for the BPO infrastructure project of Data Access subsidiary, Bangalore SEZ Corp.

Data Access managing director Siddhartha Ray said, the project should be in place by first quarter of 2005. Data Access will be a minority partner, while two other companiesone of which is Bahrain-based and other Saudi-based are the majority stake holders. He, however, declined to name the two partners or give any further details about the share-holding pattern. We can give more details in mid-December, he added.

Data Access also announced the launch of its international long distance (ILD) operations in Sri Lanka on Tuesday. As an ILD operator, the company has tied up with three last mile operators in Sri Lanka who have over 1 million subscribers. Sri Lanka had seven last mile operators, with a total subscriber base of around 2 million, informed Data Access COO Alak Saha. The country has 32 ILD operators. With commencement of our operations, retail and wholesale tariff of Indian calls to Sri Lanka are expected to fall, he said.