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 And CenturyLink Sign Agreement For Trans-Atlantic Capacity













DUBLIN, Nov. 5, 2013 /PRNewswire/ -- Emerald Networks, a new undersea fiber optic network submarine cable system provider, announced that it has signed an agreement with CenturyLink, Inc. (NYSE: CTL) to purchase bandwidth capacity on its system known as "Emerald Express". The system will provide CenturyLink with additional connectivity between North America and Europe.               

The Emerald Express undersea cable system will be operational by fourth quarter 2014 with connections to North America, Europe and Iceland. It utilizes next-generation capabilities to provide low-latency, coherent, digital transmission at wavelengths of 100 Gbps and beyond. 

"Establishing a strong global network and expanding our trans-Atlantic capabilities is key to providing our customers with reliable connectivity on a global basis," said Pieter Poll, CenturyLink senior vice president of national and international network planning, engineering and construction. "Utilizing Emerald Networks' undersea cable system will help us to provide seamless service offerings including high-bandwidth connectivity between our Savvis data centers globally."

Dr. William C. Marra, Emerald Networks CEO, believes this agreement reinforces the continued success of Emerald Networks' undersea cable system and the urgency for more secure and reliable high-speed data connections between the United States and Europe. "We are pleased CenturyLink selected us and look forward to a long-term relationship that will deliver outstanding reach and reliability for their use," said Dr. Marra.

About  CenturyLinkCenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink™ Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations. For more information, visit  www.centurylink.com.   

About Emerald Networks 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 coherent designed system initially running 100 G wavelengths 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 Southern Europe. The system is scheduled to be ready for service by 4Q 2014.

Contacts:

1 of 2

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 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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