MTN invests in $700m Europe-India cable
The MTN Group is investing in a new $700 million submarine cable system, the European Indian Gateway (EIG), to be built by Alcatel-Lucent starting next month. The 15,000 kilometre-long high bandwidth optical-fibre will connect Europe and India from the United Kingdom to Portugal, Gibraltar, Monaco, Libya, Egypt, Djibouti and the United Arab Emirates.
