New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

Anchorage telecom startup, with former mayor Berkowitz at the helm, plans trans-Arctic cable

New York Tech Editorial Team by New York Tech Editorial Team
December 31, 2021
in Startups & Leaders
0
Anchorage telecom startup, with former mayor Berkowitz at the helm, plans trans-Arctic cable
Share on FacebookShare on Twitter

A Finnish company, in cooperation with an Anchorage-based telecommunications startup, has announced plans to lay an 8,700-mile fiber-optic cable between Europe and Japan through the Arctic Ocean and Bering Strait by 2025.

Finland-based networking company Cinia said last week it had reached an agreement with Far North Digital, a firm whose owners include former Anchorage Mayor Ethan Berkowitz, the company’s president.

“This is my main focus,” said Berkowitz, who has kept a low profile in the year since he resigned from his position as mayor after admitting that he had an “inappropriate messaging relationship” with a TV reporter.

Before becoming mayor, Berkowitz had experience in telecommunications work, including with the firm that laid a fiber-optic cable system between Prudhoe Bay and Fairbanks. Several of his prior business partners are involved with Far North Digital, including Walt Ebell, former head of Old Harbor Native Corp. and the firm that laid the undersea cable between the Kenai Peninsula and Kodiak.

Several major fiber-optic cable projects have been proposed in the Arctic Ocean, but no undersea cable has crossed it yet. Fiber-optic cables carry most of the world’s internet traffic, phone calls and video; they have much greater capacity than satellite links or other ways of transmitting data.

The Arctic route offers the same advantages for telecommunications traffic as air traffic: It covers a shorter distance between the cities of Europe and eastern Asia.

“When you fly from London to Japan, you don’t want to go to New York to San Francisco to Honolulu to Tokyo — you want to go over the pole. And that’s what we bring,” Berkowitz said.

In addition to offering lower latency, the cable would provide greater capacity for growing global internet traffic.

Alcatel, which laid Quintillion Networks’ subsea cable off the North Slope, has been hired as the lead engineering, procurement and construction partner.

The new cable would cost about $1.15 billion, according to estimates published by Cinia.

Ik Icard, chief strategy officer for Far North Digital, said the companies are aiming to secure full financing by the first quarter of 2022.

No permit requests have yet been filed with the Federal Communications Commission or the state of Alaska. Some permitting and construction work has taken place in Ireland, one of the locations where the cable will come ashore.


Credit: Source link

Previous Post

Research claims Samsung Galaxy Store apps are spreading malware

Next Post

The First Ever Cloud Robots Services Company in the World

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
The First Ever Cloud Robots Services Company in the World

The First Ever Cloud Robots Services Company in the World

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
Ask Perion

Perion Launches Ask Perion to Bring AI-Powered Self-Service to Omnichannel Advertising

June 18, 2026
AI generated image courtesy of Famous Labs

Famous.ai and the Small Business Owner Who No Longer Needs Silicon Valley

June 17, 2026
Checkout customer service

Perion Selected by Best Buy Canada to Power Programmatic Retail DOOH Media Network

June 17, 2026
three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026
man in a blue coat wearing glasses

Why Human Skills Matter More Than Ever in the AI Era

May 27, 2026
essential travel gadgets

May 24, 2026

Recommended

Ask Perion

Perion Launches Ask Perion to Bring AI-Powered Self-Service to Omnichannel Advertising

June 18, 2026
AI generated image courtesy of Famous Labs

Famous.ai and the Small Business Owner Who No Longer Needs Silicon Valley

June 17, 2026
Checkout customer service

Perion Selected by Best Buy Canada to Power Programmatic Retail DOOH Media Network

June 17, 2026
three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz Perion PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media