Karachi :Pakistan Telecommunication Company Limited (PTCL) is investing in one of the Another submarine cable system by 2016 to meet Pakistan’s future ICT needs submarine cable consortium system in collaboration with the leading telecom operators of the world.The undersea cable system encompasses a multi-million-dollar investment and will enable Pakistan to meet its future information communications needs.Sayyed Muhammad Imran Ali, PTCL Executive Vice President (EVP) International Business Relations and Essa Khalifa Alsuwaidi, PTCL Executive Vice President (EVP) International Investments & Capacity Sales represented PTCL at the signing ceremony. The new cable system, Asia Africa Europe (AAE-1), will be adding terabits of bandwidth to PTCL’s international capacity, besides building redundancy to its existing international infrastructure on eastern and western side of the Arabian Sea. “This initiative marks our vision to cater for the growing broadband and data services requirements of Pakistan for both the consumer and corporate segments”, said Walid Irshaid, President & CEO, PTCL. “This will be the fourth high capacity undersea cable system of PTCL and will serve as a catalyst to stimulate growth and development in the country by providing robust, reliable and lowest latency connectivity, he added. The target completion date for AAE-1 cable construction is the year 2016. When completed, it will connect Hong Kong, Vietnam, Cambodia, Malaysia, Singapore, Thailand, India, Pakistan, Oman, UAE, Qatar, Yemen, Djibouti, Saudi Arabia, Egypt, Greece, Italy and France.