MasTec invests in Confluence-1 subsea cable
Confluence Networks confirms that MasTec has acquired an equity interest in Confluence, a Florida-based developer of subsea cable systems.
Confluence Networks will use the investment to complete development and construction of its Confluence-1 subsea cable.
“We are delighted to play a significant role in this important new development as now is the perfect time to focus on true redundancy,” said Jose Mas, chief executive officer at MasTec.
“We look forward to a long and fruitful relationship with Confluence Networks, and to the future developments that will ensue as we deepen our involvement in the global communications community.”
The soon to build subsea system, it touted as the first dedicated to connecting global communications hubs on the East Coast of the US including: New York, Miami, Virginia Beach, and Jacksonville, as well as the launch of a new node in Myrtle Beach, South Carolina.
As the first network to directly connect the major cable landings on the East Coast of the US, Confluence -1 interconnects of many international cable routes within the Americas, as well as between the Americas, Europe, Africa, and Asia.
In addition, Confluence -1 also addresses the lack of availability of dark fibre and diverse connectivity on the North-South route between New York and Miami.
“We are fortunate to have MasTec as a partner in this enterprise, and excited to be working with them in realization of Confluence-1,” added Paul Scott, CEO of Confluence Networks and the former president of C&W Networks.
“We see Confluence-1 as an opportunity to make a game-changing addition to both the US domestic network and the intercontinental network on the East Coast and look toward many more such opportunities as the global network evolves.” Confluence-1 is expected to be in service 2H-2023.
Once live, Confluence-1 will deliver 24 fibre pairs offering over 500Tbps of capacity on along its route. It will function as both an extension of, and a higher-quality, more robust alternative to the US coastal terrestrial network.
Also leveraging ‘fault-tolerant technology’ means that Confluence-1 will be crucial in times of disaster recovery and national crisis.