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The new cable, called Unity, is a hybrid club-private project backed by Google and five others – Pacnet, SingTel, Bharti, KDDI and Malaysian data center group Global Transit. Contracts for building the $300 million system have been awarded to NEC and Tyco, the partners said in a statement Tuesday. Google's investment in the project has been long-rumored. CEO Eric Schmidt several months ago confirmed the likely investment as a means of meeting huge capacity requirements. Pacnet, the newly-formed carrier following the merger between Asia Netcom and Pacnet, is the biggest single investor in Unity. It will control two of Unity's five cable pairs, the company said. |
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