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Main One Cable Reaches Ghana, Nigeria

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10/15/2009
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LAGOS, Nigeria -- Main One Cable Company has concluded the shore-end laying of its undersea fiber optic cables in Lagos, Nigeria and Accra, Ghana respectively. The shore-end cable laying is a critical intermediary procedure to install the undersea cables on the shores of countries in which the cable system is expected to berth, in preparation for the end-to-end laying of the full stretch of the fiber optic cable from its origin in Portugal.

According to Funke Opeke, Chief Executive Officer of Main One Cable Company, “the successful completion of our shore-end cable laying operations in Lagos and Accra, again signposts the seriousness with which this project is being executed and our commitment to ensuring that we deliver on our target completion date of June 2010.”

The successful completion of its shore-end cable laying operations is yet another formidable and transparent landmark of the progress being recorded by the pioneering undersea cable network. Earlier on, Main One cable was the first private company to receive submarine cable landing licenses from both the Nigerian Communications Commission and Ghana’s National Communications Authority.

Main One embarked on undersea route survey operations last February and by June had concluded the survey operations. In June as well, it secured commitment from multilateral financial institutions as well as Nigerian banks for all of the financing it requires for the first phase of the cable project.

Opeke stated that “we continue to be delighted at the steady pace of work on the Main One project,” adding that “manufacturing of all the system components are progressing well and we are on track to meet our deployment schedules”.

Main One Cable Co.

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