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March 16, 1999
Dow Jones Newswires
FCC Clears Project Oxygen U.S. Landings License
Dow Jones Newswires
WOODCLIFF LAKE, N.J. -- The Federal Communications Commission granted a license to Project Oxygen Ltd. to land and operate a private fiber optic submarine cable system, that is part of a global system, in the U.S.
In a press release Tuesday, Project Oxygen said the license permits the company to establish and operate 10 cable landing stations in the U.S. and its territories.
The 10 landing stations are planned for Nedonna, Ore; San Francisco; San Luis Obispo, Calif; Tuckerton, N.J; Boston; West Palm Beach, Fla; Agana, Guam; Honolulu, Hawaii; San Juan, Puerto Rico; and the Midway Islands.
Project Oxygen Network is a planned global undersea optical fiber cable network with sponsors that include Lucent Technologies Inc. (LU) and NEC Corp. (NIPNY).
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Business Wire:
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March 16, 1999 11:08
FCC Approves 10 U.S. Landings for Project OXYGEN
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WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--March 16, 1999--The Federal Communications Commission (FCC) has approved the application by Project Oxygen (USA) LLC for a license to land and operate in the United States a private fiber optic submarine cable system extending between the United States and international points. The license clears the way for the establishment and operation of 10 Project OXYGEN(TM) cable landing stations in the United States and territories, including four outside the continental U.S.
"The FCC's grant of this license represents yet another concrete step towards making Project OXYGEN Network a reality," said Neil Tagare, Chairman and CEO of Project Oxygen Ltd., Bermuda-based parent of Project Oxygen (USA) LLC. "Along with our simultaneous activities in financing, capacity sales, landing station planning, system engineering, and contract negotiations, it will enable us to implement OXYGEN Network on a timely basis."
The 10 U.S. landing points are included in the first phase of the OXYGEN Network. Six of the planned U.S. landing stations will be located in the continental U.S., in coastal areas near the following cities: Nedonna, Oregon; San Francisco, California; San Luis Obispo, California; Tuckerton, New Jersey; Boston, Massachusetts; and West Palm Beach, Florida. The other four U.S. landing stations will be located at Agana, Guam; Honolulu, Hawaii; San Juan, Puerto Rico; and the Midway Islands.
"OXYGEN Network will play a key part in implementing the FCC's pro-competitive international telecommunications policies, which are intended to expand consumer choices and drive down the costs of global communications," said Pierre Phaneuf, Vice President and General Counsel of CTR Group, Ltd., the corporate manager of Project Oxygen (USA) LLC. "In many ways, OXYGEN Network is the direct result of these FCC policies, and will now serve as the engine for dynamic change in the international telecommunications market."
Project OXYGEN Network is a planned global undersea optical fiber cable network with a first phase comprising approximately 168,000 kilometers of optical fiber cable, 99 landing points in 78 countries and locations, and a minimum capacity of 1,280 Gbit/s on every segment. Cable installation is scheduled to begin in 1999, with the major trans-Atlantic and trans-Pacific links operational in 2000 and 2001, respectively. The entire first phase will be complete in early 2003.
CONTACT: Project OXYGEN Network
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