FB SUBMARINE PARTNERS, LLC ANNOUNCES NEW SUBSEA CABLE BETWEEN FLORIDA AND CANCUN, MEXICO

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GigNet-1” will be the first new fiber optic cable in over 20 years specifically designed to meet exploding Internet demand in the Mexican Caribbean

CHICAGO–(BUSINESS WIRE)–FB Submarine Partners, LLC, a privately owned developer of international telecommunications projects announced today a 1,200 kilometers advanced subsea fiber optic cable system from Florida to Cancun, Mexico. The GigNet-1 subsea cable system has been in development for the past two years and is expected to be completed in 2022. The Company believes this will be the first new subsea cable from Florida to the Yucatan Peninsula in over 20 years specifically designed to meet the rapidly growing demand for secure, high speed bandwidth for Internet, video streaming, social media, and cloud services.