Russia’s national long distance carrier and leading telecom group Rostelecom has wrapped up a deal with its Chinese peer China Telecom to expand the capacity of the Transit Europe-Asia (TEA) system, Rostelecom reported in a press statement on Monday.
According to the terms of the deal, the two companies will expand the capacity of TEA to 200 Gbps by the first quarter of 2012. The volume of joint investment for the increased capacity is estimated at $70 million. The project would allow Rostelecom and China Telecom to offer their customers to rent channels with a capacity of 10Gbps.
According to the agreement, after the first phase of the project the two companies plan further modernization of the equipment installed on the main lines which will bring the capacity of the TEA up to 1 Tb/s.