Moneycontrol
Last Updated : Jan 16, 2018 03:15 PM IST | Source: CNBC-TV18

Submarine cable biz expected to grow 3x by 2024: Reliance Communications

Global Cloud Xchange, a subsidiary of Reliance Communications unveiled key strategic plans for 2018 with its 'Cloud and Fiber Initiative' at the core. CNBC-TV18’s Kritika Saxena caught up with Reliance Communications CEO, Bill Barney and asked him about the revenue potential from the cable system and the kind of growth that GCX can incur by 2020 once it is completed.

CNBC TV18 @moneycontrolcom

Global Cloud Xchange, a subsidiary of Reliance Communications unveiled key strategic plans for 2018 with its 'Cloud and Fiber Initiative' at the core.

CNBC-TV18’s Kritika Saxena caught up with Reliance Communications CEO, Bill Barney and asked him about the revenue potential from the cable system and the kind of growth that GCX can incur by 2020 once it is completed.

If we execute the plan and everything comes through as plan, you will see our submarine cable business almost three times a size than it is today by 2024, he said.

For more, watch accompanying video...
First Published on Jan 16, 2018 03:15 pm

tags #Business

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