Tyco International Ltd. - Lead Supplier in US$310 Million Americas II Supply Contract
HAMILTON, Bermuda, Mar. 2 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC, LSE: TYI, BSX: TYC), through its subsidiary, Tyco Submarine Systems Ltd. (TSSL), and Alcatel Submarine Networks, have signed a US $310 million supply contract for the Americas II Cable System. This 8,300km four- fiber pair, undersea system will directly connect the United States, the Caribbean region and South America with a total of 80 Gb/s of submarine cable transport capacity. As the lead supplier, responsible for over 75% of the system, TSSL will provide all of the necessary terminal equipment and underwater repeaters, as well as be responsible for marine installation and project management activities. "The Americas II System, along with the recently announced Columbus III and PC-1 projects, continue to demonstrate our commitment to meeting the needs of telecommunication carriers throughout the world," said L. Dennis Kozlowski, Tyco's Chairman and Chief Executive Officer. "These three projects are excellent examples of the rapid growth of worldwide undersea telecommunication cable requirements," he concluded. "The Americas II Cable System will augment and complement the existing Americas I cable system," said Neil Garvey, President of TSSL. "Tools like the Internet and other multi-media applications are using unprecedented amounts of bandwidth and capacity. With the installation of Americas II, TSSL will provide an additional 80 Gb/s of communications capacity to this region of the world by August 1999." With a collapsed ring configuration, the Americas II Cable System will use Wavelength Division Multiplexing (WDM), optical amplification and Synchronous Digital Hierarchy (SDH) transmission technology to meet the high capacity and reliability requirements of the owners. The Americas 11 owners include Antelecom, AT&T, CANTV, Embratel, FranceTelecom, GT&T, MCII, Sprint, Telesur and TSTT. Americas II will connect Hollywood, Florida; Puerto Rico; Martinique; U.S. Virgin Islands; Curacao, N. Antilles; Camuri, Venezuela; Chaguaramas, Trinidad; Cayenne, French Guyana and Fortaleza, Brazil. TSSL, a wholly owned subsidiary of Tyco International Ltd., is a leading worldwide supplier of undersea communications systems and services, and has successfully designed, manufactured and installed approximately 250,000 kilometers of undersea cable systems. TSSL also operates a fleet of seven cable ships and owns undersea cable, repeater and transmission equipment manufacturing facilities. Tyco International Ltd., a diversified manufacturing and service company, is the world's largest manufacturer and installer of fire protection systems, the largest provider of electronic security services in North America and the United Kingdom and has strong leadership positions in disposable medical products, packaging materials, flow control products, electrical and electronic components and underwater telecommunications systems. The Company operates in more than 75 countries around the world and has annual revenues in excess of $12 billion.RELATED LINKS
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