A consortium of six global companies announced that they have signed commercial agreements to build and operate a new Trans-Pacific cable system to be called “FASTER” with NEC Corporation as the system supplier. The FASTER cable network will connect the United States to two landing locations in Japan. The total amount of investment for the FASTER system is estimated to be approximately USD $300 million.<br><br><a href="http://www.nec.com/en/press/201408/global_20140811_01.html">READ MORE ON NEC</a>
