Friday, February 1, 2008

FLAG Telecom Loses Undersea Cable

As a reminder of how important undersea cable redundancy is, FLAG Telecom has lost a cable of its own in Persian Gulf. FLAG, a wholly-owned subsidiary of India's number two mobile operator Reliance Communications, says its Falcon cable was reported cut at 0559 GMT, 56 kms (35 miles) from Dubai on a segment between the United Arab Emirates and Oman.

No comments:

Is Private Equity "Good" for the Housing Market?

Even many who support allowing market forces to work might question whether private equity involvement in the U.S. housing market “has bee...