This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Emerald Networks Announces Execution Of Landing Party Agreement With AT&T

DUBLIN, Jan. 22, 2013 /PRNewswire/ --  Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced today the signing of a Landing Party Agreement (LPA) with multinational telecommunications provider AT&T.

Under this agreement AT&T will provide facilities and operational support for terminating the Emerald Express subsea cable at the former TAT12/13 cable station in Shirley, NY. This infrastructure will enable Emerald Express to utilize the most innovative optical technologies and provide the most advanced undersea telecommunications system constructed to date.

"As we continue toward full implementation of Emerald Express, we are extremely pleased and looking forward to a productive relationship with our strategic collaborators, including AT&T," said Dr. William C. Marra, CEO of Emerald Networks. "Due to the continued market expansion of media and mobile demand for internet bandwidth and new multimedia applications we are anticipating massive market changes driven by explosive growth in telecommunications traffic worldwide, and our system will be part of this evolution."

This news is the latest in a series of strategic company milestones that Emerald Networks has announced recently. Over the past four months alone, the company announced a strategic investment by Storage Engine, Inc., as well as the appointments of Dr. William C. Marra to Chief Executive Officer, Mr. Phillip Magiera to Chief Financial Officer and Dr. Gisli Hjalmtysson to its Board of Directors.

ABOUT EMERALD NETWORK Emerald Networks, is a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity and will be a low-latency network across the Atlantic.  Emerald Networks is an open network architecture platform that is agnostic and enables upgrades with various new technologies. It will be the first 100G system with a unique route that links Shirley, New York to the West Coast of Ireland with a branch connection to Grindavik, Iceland and a future branch connection to Portugal. The system is scheduled to be ready for service by mid 2014.

Media Contact: North 6th Agency, Inc. 212-334-9753, emerald@n6a.com

SOURCE Emerald Networks

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,045.98 +66.85 0.39%
S&P 500 1,989.51 +3.00 0.15%
NASDAQ 4,519.8810 -6.6010 -0.15%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs