Bermuda Telecom firms apply for undersea cable licence

By Scott Neil of the Royal Gazette

Three of Bermuda’s largest telecommunications firms, KeyTech, North Rock Communications, and Transact, have today jointly submitted an application for a New International Class A Telecommunications Licence.

The licence will allow the consortium to build and operate an International telecommunications submarine cable facility between Bermuda and the USA, and the application is in response to an invitation by the Ministry of Environment, Telecommunications and E-Commerce.

With more than 25 years of combined telecommunications expertise in Bermuda, the group said it is ideally suited to undertake this cabling project. Combined, KeyTech, North Rock Communications, and Transact, account for more than 90 percent of all internet accounts on the Island.

A new cable operation is thought likely to result in faster Internet speeds and possibly lower cost to the consumer.

More info to follow in today’s Royal Gazette

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