RCL will invest $1.5 billion in Flag Telecom, its under-sea cable subsidiary, over the next three years.

RCL will invest $1.5 billion in Flag Telecom, its under-sea cable subsidiary, over the next three years. This will enable Flag to lay an additional 50,000 km of optic fibre cable, thereby expanding its reach to 60 countries. Over the next three years, Flag Telecom plans to build the world’s largest internet protocol network over submarine cable systems, termed Flag Next Generation Networks.