True Corporation has entered into joint investment with NEC Corportion to install new fiber-optic submarine cables which will connect communications systems of countries of Southeast Asia and North Asia.
Supoj Mahapan, director of True Corporation’s International Services Business, said Tuesday (April 3) that the new submarine cables, called the Southeast Asia-Japan 2 Submarine Cable (SJC2), would accommodate the increased use of internet and to enable users to have quicker access to information.
The expansion and improvement of internet service with faster speed will encourage investors to invest in Thailand and upgrade Thailand as the hub of Asean, said Mr Supoj.
With the optical fibre cables, he said that the fees for the use of internet in the future would be lower, but more efficient and carry digital data faster which would be beneficial to users.
“With the arrivals of FinTech, AI, and new technologies, the use of internet will definitely be increased and that’s why we need more international bandwidth,” he said.
The submarine cables are about 10,500 kilometres long and they are expected to last 25 years. The cable system has a capacity of 144 terabits/second (equal to one million megabits per second) which is capable of accommodating 5G telecommunication service, HD video streaming and virtual reality application.
At an estimated cost of 3.6 billion baht, the laying of fiber-optic submarine cables is expected to be completed in the fourth quarter of 2020.