Joined: 05 Oct 2005
Posts: 315
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Prysmian Cables & Systems has secured a major contract for the supply of 6,300 km of fibre optic cable to Libya.
The cable will form the backbone of the new telecommunications network of the national operator LPTIC (Libyan Post, Telecommunication and Information Company) and will extend into the northern and western areas of the country including also the capital, Tripoli. The cable, supplied through Italian main contractor SIRTI, will be produced at Prysmian's Italian production facility at Livorno Ferraris in Italy and will contain from 24 to 96 optical fibres, depending on their location within the network. Installation of the cables will be completed in approximately 18 months although the network will continue to evolve as other regions and cities are subsequently reached by fibre. "We are delighted to have secured this prestigious project which confirms the positive signs in the current telecoms market and is a clear indicator of the strategic direction taken by the major operators as we enter the broadband age," said director of Prysmian's global telecom cable and fibre optic business Giovanni B Scotti. Prysmian Cables and Systems, the name acquired by Pirelli Cables after it came under the control of Goldman Sachs Capital Partners in 2005, is the world leader in energy and telecommunications cables and systems industry, being present in 41 countries in five continents, with 54 production plants distributed in 21 countries, with more than 12,000 employees and a 2005 turn-over of 3.75 billion Euros ($4.85 billion). |
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