New World Network Lays Fiber-Optic Cable in North Miami Connecting the U.S. with the Americas

Company Celebrates Deployment of Its Submarine Broadband Cable Network

With Local Government Officials and Industry Executives



Apr 03, 2001, 01:00 ET from New World Network

    MIAMI, April 3 /PRNewswire/ -- New World Network -- a leading submarine
 broadband fiber-optic cable network fully interconnecting the Americas and the
 Caribbean -- today hosted a ceremony announcing the deployment of their
 fiber-optic cable that will provide high-speed connectivity throughout the
 Americas.  Top business and political leaders, including, David Samson, Mayor
 of Sunny Isles, Gary Brown, City Manager of North Miami Beach, among others,
 attended the event.
     The surging telecommunications market in Latin America and the increasing
 demand for faster, more reliable connections has presented enormous
 opportunities for telecom companies.  According to new research from
 TeleGeography, by 2002 the completion of proposed submarine cable links will
 dramatically increase capacity.  The Phillips Group also cites that the
 growing demand in Latin America for bandwidth capacity is giving rise to
 companies that can provide multi-gigabit submarine cable systems.
     New World Network is well positioned to meet this demand.  The company's
 ARCOS cable offers 15 Gbps of fully redundant capacity with a
 multi-upgradeable design capacity of 960 Gbps and is designed to incorporate
 future technologies as they arise.  This future proof design allows New World
 Network to always take advantage of the latest terminal technology at a given
 point in time and continuously compete as a low cost provider.
     "This cable landing ceremony marks the deployment of our fiber-optic
 network that will connect the U.S. with the Caribbean and Latin America," said
 David Warnes, CEO and President, New World Network.  "From a single-source
 operator, the Americas have access to an advanced communications network with
 reliable, high-speed connections and infinitely expandable services," added
 Warnes.
     New World Network's state-of-the-art undersea fiber-optic ring, ARCOS
 (Americas Region Caribbean Ring System), is connecting the U.S. market with
 14 additional jurisdictions throughout the Caribbean and Latin America.  The
 entire network will link Miami to the Bahamas, Turks & Caicos, Dominican
 Republic, Puerto Rico, Curacao, Venezuela, Colombia, Panama, Costa Rica,
 Nicaragua, Honduras, Guatemala, Belize and Mexico.  The network is fully
 financed and the entire 8,600-km ring is expected to be complete by the end of
 third quarter 2001.
 
     About New World Network
     New World Network is a carrier's carrier that provides advanced,
 high-speed bandwidth capacity to telecommunications companies and Internet
 Service Providers.  The company's fully-financed Americas Region Caribbean
 Ring System (ARCOS) is the first undersea broadband fiber-optic cable network
 connecting the U.S., Mexico, Central America, South America and the Caribbean.
 The unique hybrid ownership structure of ARCOS is co-owned by 28 carriers
 throughout the region and led by New World Network, the majority owner with
 86.5% ownership.
     The company financing is provided by Barclays Bank PLC and the Bank of
 Montreal, and owned by Global Light Telecommunications (Amex:   GBT) 49% with
 Siemons Project Ventures (19.6%) and Barclays Bank PLC (3.9%).  Please visit
 http://www.nwncable.com for more information.
 
 

SOURCE New World Network
    MIAMI, April 3 /PRNewswire/ -- New World Network -- a leading submarine
 broadband fiber-optic cable network fully interconnecting the Americas and the
 Caribbean -- today hosted a ceremony announcing the deployment of their
 fiber-optic cable that will provide high-speed connectivity throughout the
 Americas.  Top business and political leaders, including, David Samson, Mayor
 of Sunny Isles, Gary Brown, City Manager of North Miami Beach, among others,
 attended the event.
     The surging telecommunications market in Latin America and the increasing
 demand for faster, more reliable connections has presented enormous
 opportunities for telecom companies.  According to new research from
 TeleGeography, by 2002 the completion of proposed submarine cable links will
 dramatically increase capacity.  The Phillips Group also cites that the
 growing demand in Latin America for bandwidth capacity is giving rise to
 companies that can provide multi-gigabit submarine cable systems.
     New World Network is well positioned to meet this demand.  The company's
 ARCOS cable offers 15 Gbps of fully redundant capacity with a
 multi-upgradeable design capacity of 960 Gbps and is designed to incorporate
 future technologies as they arise.  This future proof design allows New World
 Network to always take advantage of the latest terminal technology at a given
 point in time and continuously compete as a low cost provider.
     "This cable landing ceremony marks the deployment of our fiber-optic
 network that will connect the U.S. with the Caribbean and Latin America," said
 David Warnes, CEO and President, New World Network.  "From a single-source
 operator, the Americas have access to an advanced communications network with
 reliable, high-speed connections and infinitely expandable services," added
 Warnes.
     New World Network's state-of-the-art undersea fiber-optic ring, ARCOS
 (Americas Region Caribbean Ring System), is connecting the U.S. market with
 14 additional jurisdictions throughout the Caribbean and Latin America.  The
 entire network will link Miami to the Bahamas, Turks & Caicos, Dominican
 Republic, Puerto Rico, Curacao, Venezuela, Colombia, Panama, Costa Rica,
 Nicaragua, Honduras, Guatemala, Belize and Mexico.  The network is fully
 financed and the entire 8,600-km ring is expected to be complete by the end of
 third quarter 2001.
 
     About New World Network
     New World Network is a carrier's carrier that provides advanced,
 high-speed bandwidth capacity to telecommunications companies and Internet
 Service Providers.  The company's fully-financed Americas Region Caribbean
 Ring System (ARCOS) is the first undersea broadband fiber-optic cable network
 connecting the U.S., Mexico, Central America, South America and the Caribbean.
 The unique hybrid ownership structure of ARCOS is co-owned by 28 carriers
 throughout the region and led by New World Network, the majority owner with
 86.5% ownership.
     The company financing is provided by Barclays Bank PLC and the Bank of
 Montreal, and owned by Global Light Telecommunications (Amex:   GBT) 49% with
 Siemons Project Ventures (19.6%) and Barclays Bank PLC (3.9%).  Please visit
 http://www.nwncable.com for more information.
 
 SOURCE  New World Network