Company History

Australia Japan Cable was established in 2000 as a private cable company to design, construct, market and operate a 12,700km submarine fibre optic cable network (AJCN) from Sydney, Australia, to near Tokyo, Japan, via Guam.

The business was funded by a combination of equity capital from the founding shareholders and a project finance debt facility provided by a consortium of banks.  A significant proportion of the debt was secured by presales and the remainder was repaid through subsequent capacity sales.

The construction phase of the project was completed under budget in December 2001, with equipped capacity of 40+40 Gbit/sec of a total design capacity of 320+320 Gbit/sec using then state of the art 10Gbit/s submarine technology.

The most recent upgrades to the AJC network were the addition of 40G technology in mid 2012 and the addition of 100G technology in late 2013 and early 2014.  The design capacity as at mid 2014 is a potential 5,000G to 6,000G Australia-Guam-Japan

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