BOCA RATON, Fla. -- GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi (Bovespa: TNLP3, TNLP4, TMAR3, TMAR5, TMAR6 and NYSE: TNE), announces today that it offers financial markets the lowest latency Express route between the Americas. Leveraging its more than 22,000 kilometers of submarine fiber optic cable connecting the Americas, GlobeNet delivers ultra-fast and reliable international capacity from New York, New York to Sao Paulo, Brazil with average round trip latency of 110 milliseconds.

GlobeNet Brasil Telecom