BUSINESS
Globacom, Huawei to lay undersea fibre cable in Niger Delta
Globacom and China’s Huawei Technologies Co Ltd are laying an undersea cable that will provide high-speed internet to oil platforms in the country’s Niger Delta region.
The 850 kilometre-long (528 miles) cable, connecting southwestern commercial capital Lagos with the southern Delta region, is expected to be completed by the first quarter of 2020, the companies told Reuters in an interview on Thursday at Globacom’s Lagos headquarters.
The Niger Delta, the OPEC member’s oil production heartland, was rocked by attacks by militants on energy facilities that contributed to Nigeria falling into a recession in 2016 since oil sales make up two-thirds of government revenue.
The telecoms firm said it signed the deal on Tuesday. Globacom, which in 2010 built an international undersea cable connecting Nigeria with Europe, said the new cable would serve companies with offshore oil and gas reserves which experience difficulties transmitting data.
Li Shaowei, deputy managing director of Huawei’s Nigerian unit, said it was providing a “turnkey” solution including the survey, design and installation of the cable.