IBOV 168,454 ▼ 0.70% IPSA 10,806 ▼ 0.90% IPC MEX 68,305 ▼ 0.26% MERVAL 3,291,883 ▲ 1.14% COLCAP 2,377.03 ▲ 0.25% BVL PERÚ 58,096.41 ▲ 2.66% USD/BRL5.10▲ 0.31% USD/MXN17.28▲ 0.45% USD/CLP889.77▲ 0.38% USD/COP3,457▼ 0.92% USD/PEN3.38▼ 0.84% USD/ARS1,441▲ 0.30% USD/UYU40.17▲ 0.32% USD/PYG6,093▲ 1.36% USD/BOB6.85▲ 1.65% USD/DOP58.40▲ 0.53% USD/CRC450.02▲ 1.60% USD/GTQ7.62▲ 2.23% USD/HNL26.66▲ 1.32% USD/NIO36.62▲ 0.68% USD/VES595.29▲ 1.47% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 0.07% USD/TTD6.75▲ 1.39% EUR/BRL5.87▼ 0.14% BRENT 78.69 ▼ 0.34% WTI 75.01 ▼ 1.37% IRON ORE 161.91 — — COPPER 6.36 ▼ 1.94% GOLD 4,276 ▼ 1.26% SILVER 67.96 ▼ 2.77% SOY 1,151 ▲ 1.81% CORN 421.25 ▲ 1.81% WHEAT 621.50 ▲ 4.28% COFFEE 272.35 ▼ 1.77% SUGAR 14.37 ▲ 3.98% ORANGE JUICE 149.50 ▲ 1.25% COTTON 79.73 ▲ 6.29% COCOA 4,204 ▲ 1.50% BEEF 249.05 ▼ 2.45% CATTLE 367.43 ▲ 0.15% LITHIUM 83.07 ▼ 0.63% PETR4 38.57 ▲ 0.08% VALE3 79.78 ▼ 2.04% ITUB4 40.80 ▲ 0.87% BBDC4 17.55 ▼ 0.62% ABEV3 16.19 ▼ 1.52% BBAS3 19.41 ▲ 0.05% B3SA3 14.61 ▼ 2.86% WEGE3 43.80 ▲ 2.26% PRIO3 56.74 ▼ 0.19% SUZB3 42.23 ▼ 1.63% RENT3 40.54 ▼ 1.03% AZZA3 16.60 ▼ 4.87% CSAN3 3.47 ▲ 6.12% RAIZ4 0.42 ▼ 2.33% PCAR3 1.68 ▼ 12.95% GMAT3 3.84 ▼ 1.79% PSSA3 51.55 ▲ 1.96% CVCB3 1.31 ▼ 2.96% POSI3 3.73 ▼ 1.58% SLCE3 13.75 ▼ 2.07% NATU3 7.83 ▼ 8.74% BRKM5 8.37 ▼ 1.06% RANI3 7.87 ▲ 0.90% CSNA3 5.63 ▼ 6.48% CMIN3 4.27 ▼ 1.84% USIM5 9.56 ▼ 5.63% GGBR4 22.81 ▼ 2.06% ENEV3 24.08 ▼ 1.47% NEOE3 33.80 — 0.00% CPFE3 43.43 ▼ 0.78% CMIG4 10.64 ▼ 0.75% EQTL3 37.09 ▼ 1.36% LREN3 14.45 ▼ 2.96% VIVT3 32.86 ▼ 2.14% RAIL3 12.45 ▼ 4.45% KLABIN 16.96 ▼ 0.59% RAIA DROGASIL 17.51 ▼ 0.91% RDOR3 33.12 ▼ 2.82% HAPV3 10.58 ▼ 5.62% FLRY3 14.69 ▼ 0.74% SMTO3 15.53 ▼ 2.76% UGPA3 24.19 ▲ 1.30% VBBR3 28.32 ▲ 1.43% BBSE3 39.30 ▲ 2.91% BPAC11 50.39 ▼ 0.61% CURY3 31.88 ▼ 2.51% AERI3 2.27 ▼ 1.73% VIVARA 20.72 ▼ 1.33% COMPASS 25.00 ▲ 0.04% VAMOS 2.71 ▼ 5.24% SANB11 27.08 ▼ 0.04% ASAI3 7.80 ▼ 1.14% SBSP3 27.46 ▼ 1.22% WALMEX 51.76 ▼ 0.84% GMEXICO 214.98 ▲ 0.39% FEMSA 217.35 ▼ 0.70% CEMEX 21.91 ▼ 1.97% GFNORTE 190.26 ▲ 0.46% BIMBO 57.88 ▼ 0.21% TELEVISA 10.50 ▲ 2.54% AMX 23.00 ▼ 0.56% GAP 431.59 ▲ 0.01% ASUR 301.41 ▼ 1.24% OMA 241.60 ▲ 0.32% KOF 186.67 ▲ 1.84% GRUMA 291.99 ▲ 0.39% KIMBER 37.93 ▲ 0.37% SQM-B 74,050 ▲ 0.20% COPEC 6,000 ▼ 0.47% BSANTANDER 72.71 ▼ 1.74% FALABELLA 6,052 ▼ 0.69% ENELAM 76.96 ▼ 1.33% CENCOSUD 2,110 ▼ 3.43% CMPC 1,065 ▲ 1.42% BANCO CHILE 179.00 ▼ 0.33% LATAM AIR 24.28 ▼ 0.86% YPF 76,675 ▼ 0.10% GGAL 8,365 ▲ 2.51% PAMPA 5,155 ▲ 0.88% TXAR 678.00 ▼ 0.88% ALUAR 1,001 ▲ 1.62% TGS 9,550 ▲ 1.54% CEPU 2,373 ▲ 0.04% MIRGOR 16,850 ▼ 0.59% COME 45.02 ▲ 2.60% LOMA NEGRA 3,575 ▼ 0.90% BYMA 313.75 ▲ 3.12% TELECOM ARG 4,375 ▼ 0.51% ECOPETROL 15.68 ▼ 0.73% BANCOLOMBIA 79.94 ▲ 0.87% GRUPO AVAL 5.58 ▲ 2.01% CREDICORP 386.94 ▲ 6.22% SOUTHERN COPPER 191.68 ▼ 1.47% BUENAVENTURA 34.24 ▼ 4.78% MERCADOLIBRE 1,632 ▼ 2.52% NUBANK 12.89 ▲ 1.34% XP 15.42 ▼ 1.66% PAGSEGURO 8.91 ▼ 0.78% STONE 10.77 ▼ 2.00% GLOBANT 34.61 ▼ 5.51% TECNOGLASS 45.16 ▲ 0.69% GAP AIRPORT 248.60 ▼ 0.79% ASUR 301.41 ▼ 1.24% OMA AIRPORT 111.53 ▼ 0.18% AMX ADR 26.45 ▼ 1.23% FEMSA ADR 125.56 ▼ 1.04% CEMEX ADR 12.60 ▼ 2.93% PETROBRAS ADR 16.79 ▼ 1.52% VALE ADR 15.53 ▼ 2.82% ITAU ADR 7.97 ▲ 0.25% SANTANDER BR 5.37 ▼ 0.83% AMBEV ADR 3.14 ▼ 1.88% CSN 1.12 ▼ 7.44% GERDAU 4.49 ▼ 2.92% LATAM ADR 54.54 ▼ 0.85% BTC 64,123 ▼ 2.25% ETH 1,739 ▼ 2.89% SOL 71.58 ▼ 2.50% XRP 1.18 ▼ 2.84% BNB 600.21 ▼ 0.68% ADA 0.17 ▼ 3.46% DOGE 0.09 ▼ 1.67% AVAX 6.75 ▼ 1.74% LINK 8.04 ▼ 2.77% DOT 1.00 ▼ 1.07% LTC 44.77 ▼ 1.89% BCH 211.17 ▼ 2.02% TRX 0.32 ▲ 1.15% XLM 0.22 ▲ 3.44% HBAR 0.08 ▼ 0.36% NEAR 2.24 ▼ 3.06% ATOM 1.89 ▼ 5.02% AAVE 73.52 ▼ 3.10% SELIC 14.50% EMBRAER 78.74 ▲ 3.24% EMBRAER ADR 61.31 ▲ 2.32% JBS 12.22 ▼ 0.65% JBS BDR 62.33 ▼ 0.70% MBRF3 15.50 ▼ 2.88% MBRFY 2.93 ▼ 5.18% INTER 5.56 ▼ 3.64% IBOV 168,454 ▼ 0.70% IPSA 10,806 ▼ 0.90% IPC MEX 68,305 ▼ 0.26% MERVAL 3,291,883 ▲ 1.14% COLCAP 2,377.03 ▲ 0.25% BVL PERÚ 58,096.41 ▲ 2.66% USD/BRL 5.10 ▲ 0.31% USD/MXN 17.28 ▲ 0.45% USD/CLP 889.77 ▲ 0.38% USD/COP 3,457 ▼ 0.92% USD/PEN 3.38 ▼ 0.84% USD/ARS 1,441 ▲ 0.30% USD/UYU 40.17 ▲ 0.32% USD/PYG 6,093 ▲ 1.36% USD/BOB 6.85 ▲ 1.65% USD/DOP 58.40 ▲ 0.53% USD/CRC 450.02 ▲ 1.60% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.66 ▲ 1.32% USD/NIO 36.62 ▲ 0.68% USD/VES 595.29 ▲ 1.47% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 0.26% USD/TTD 6.75 ▲ 1.27% EUR/BRL 5.87 ▼ 0.14% BRENT 78.69 ▼ 0.34% WTI 75.01 ▼ 1.37% IRON ORE 161.91 — — COPPER 6.36 ▼ 1.94% GOLD 4,276 ▼ 1.26% SILVER 67.96 ▼ 2.77% SOY 1,151 ▲ 1.81% CORN 421.25 ▲ 1.81% WHEAT 621.50 ▲ 4.28% COFFEE 272.35 ▼ 1.77% SUGAR 14.37 ▲ 3.98% ORANGE JUICE 149.50 ▲ 1.25% COTTON 79.73 ▲ 6.29% COCOA 4,204 ▲ 1.50% BEEF 249.05 ▼ 2.45% CATTLE 367.43 ▲ 0.15% LITHIUM 83.07 ▼ 0.63% PETR4 38.57 ▲ 0.08% VALE3 79.78 ▼ 2.04% ITUB4 40.80 ▲ 0.87% BBDC4 17.55 ▼ 0.62% ABEV3 16.19 ▼ 1.52% BBAS3 19.41 ▲ 0.05% B3SA3 14.61 ▼ 2.86% WEGE3 43.80 ▲ 2.26% PRIO3 56.74 ▼ 0.19% SUZB3 42.23 ▼ 1.63% RENT3 40.54 ▼ 1.03% AZZA3 16.60 ▼ 4.87% CSAN3 3.47 ▲ 6.12% RAIZ4 0.42 ▼ 2.33% PCAR3 1.68 ▼ 12.95% GMAT3 3.84 ▼ 1.79% PSSA3 51.55 ▲ 1.96% CVCB3 1.31 ▼ 2.96% POSI3 3.73 ▼ 1.58% SLCE3 13.75 ▼ 2.07% NATU3 7.83 ▼ 8.74% BRKM5 8.37 ▼ 1.06% RANI3 7.87 ▲ 0.90% CSNA3 5.63 ▼ 6.48% CMIN3 4.27 ▼ 1.84% USIM5 9.56 ▼ 5.63% GGBR4 22.81 ▼ 2.06% ENEV3 24.08 ▼ 1.47% NEOE3 33.80 — 0.00% CPFE3 43.43 ▼ 0.78% CMIG4 10.64 ▼ 0.75% EQTL3 37.09 ▼ 1.36% LREN3 14.45 ▼ 2.96% VIVT3 32.86 ▼ 2.14% RAIL3 12.45 ▼ 4.45% KLABIN 16.96 ▼ 0.59% RAIA DROGASIL 17.51 ▼ 0.91% RDOR3 33.12 ▼ 2.82% HAPV3 10.58 ▼ 5.62% FLRY3 14.69 ▼ 0.74% SMTO3 15.53 ▼ 2.76% UGPA3 24.19 ▲ 1.30% VBBR3 28.32 ▲ 1.43% BBSE3 39.30 ▲ 2.91% BPAC11 50.39 ▼ 0.61% CURY3 31.88 ▼ 2.51% AERI3 2.27 ▼ 1.73% VIVARA 20.72 ▼ 1.33% COMPASS 25.00 ▲ 0.04% VAMOS 2.71 ▼ 5.24% SANB11 27.08 ▼ 0.04% ASAI3 7.80 ▼ 1.14% SBSP3 27.46 ▼ 1.22% WALMEX 51.76 ▼ 0.84% GMEXICO 214.98 ▲ 0.39% FEMSA 217.35 ▼ 0.70% CEMEX 21.91 ▼ 1.97% GFNORTE 190.26 ▲ 0.46% BIMBO 57.88 ▼ 0.21% TELEVISA 10.50 ▲ 2.54% AMX 23.00 ▼ 0.56% GAP 431.59 ▲ 0.01% ASUR 301.41 ▼ 1.24% OMA 241.60 ▲ 0.32% KOF 186.67 ▲ 1.84% GRUMA 291.99 ▲ 0.39% KIMBER 37.93 ▲ 0.37% SQM-B 74,050 ▲ 0.20% COPEC 6,000 ▼ 0.47% BSANTANDER 72.71 ▼ 1.74% FALABELLA 6,052 ▼ 0.69% ENELAM 76.96 ▼ 1.33% CENCOSUD 2,110 ▼ 3.43% CMPC 1,065 ▲ 1.42% BANCO CHILE 179.00 ▼ 0.33% LATAM AIR 24.28 ▼ 0.86% YPF 76,675 ▼ 0.10% GGAL 8,365 ▲ 2.51% PAMPA 5,155 ▲ 0.88% TXAR 678.00 ▼ 0.88% ALUAR 1,001 ▲ 1.62% TGS 9,550 ▲ 1.54% CEPU 2,373 ▲ 0.04% MIRGOR 16,850 ▼ 0.59% COME 45.02 ▲ 2.60% LOMA NEGRA 3,575 ▼ 0.90% BYMA 313.75 ▲ 3.12% TELECOM ARG 4,375 ▼ 0.51% ECOPETROL 15.68 ▼ 0.73% BANCOLOMBIA 79.94 ▲ 0.87% GRUPO AVAL 5.58 ▲ 2.01% CREDICORP 386.94 ▲ 6.22% SOUTHERN COPPER 191.68 ▼ 1.47% BUENAVENTURA 34.24 ▼ 4.78% MERCADOLIBRE 1,632 ▼ 2.52% NUBANK 12.89 ▲ 1.34% XP 15.42 ▼ 1.66% PAGSEGURO 8.91 ▼ 0.78% STONE 10.77 ▼ 2.00% GLOBANT 34.61 ▼ 5.51% TECNOGLASS 45.16 ▲ 0.69% GAP AIRPORT 248.60 ▼ 0.79% ASUR 301.41 ▼ 1.24% OMA AIRPORT 111.53 ▼ 0.18% AMX ADR 26.45 ▼ 1.23% FEMSA ADR 125.56 ▼ 1.04% CEMEX ADR 12.60 ▼ 2.93% PETROBRAS ADR 16.79 ▼ 1.52% VALE ADR 15.53 ▼ 2.82% ITAU ADR 7.97 ▲ 0.25% SANTANDER BR 5.37 ▼ 0.83% AMBEV ADR 3.14 ▼ 1.88% CSN 1.12 ▼ 7.44% GERDAU 4.49 ▼ 2.92% LATAM ADR 54.54 ▼ 0.85% BTC 64,123 ▼ 2.25% ETH 1,739 ▼ 2.89% SOL 71.58 ▼ 2.50% XRP 1.18 ▼ 2.84% BNB 600.21 ▼ 0.68% ADA 0.17 ▼ 3.46% DOGE 0.09 ▼ 1.67% AVAX 6.75 ▼ 1.74% LINK 8.04 ▼ 2.77% DOT 1.00 ▼ 1.07% LTC 44.77 ▼ 1.89% BCH 211.17 ▼ 2.02% TRX 0.32 ▲ 1.15% XLM 0.22 ▲ 3.44% HBAR 0.08 ▼ 0.36% NEAR 2.24 ▼ 3.06% ATOM 1.89 ▼ 5.02% AAVE 73.52 ▼ 3.10% SELIC 14.50% EMBRAER 78.74 ▲ 3.24% EMBRAER ADR 61.31 ▲ 2.32% JBS 12.22 ▼ 0.65% JBS BDR 62.33 ▼ 0.70% MBRF3 15.50 ▼ 2.88% MBRFY 2.93 ▼ 5.18% INTER 5.56 ▼ 3.64%
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Brazil Markets

Brazil joins project connecting South America and Asia by fiber optics

By · May 13, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL –  A 14,000 km cable will connect Chile to Australia and New Zealand.

The Brazilian government today, May 13, joined the Chilean project to install a trans-oceanic underwater cable that will connect the South American continent to Asia and Oceania by means of fiber optics.

A 14,000 km cable will connect Chile to Australia and New Zealand. (Photo internet reproduction)
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Nicknamed the Humboldt Project, the initiative is under the responsibility of Chilean state-owned company Desarrollo País (former Fondo de Infraestructura), which will lead an alliance of interested countries and private technology and telecommunications companies.

According to the Chilean state-owned company, the 14,810 km long fiber-optic cable will physically connect Valparaiso to the city of Sydney, Australia, passing through Auckland, New Zealand.

According to Chilean Ambassador Fernando Schmidt, the plan is to leverage the connection with other fiber optic cables that currently cross Chilean territory to turn his country into a digital hub for all of Latin America, that is, a gateway to connect the entire region to Asia and Oceania.

“Chile is becoming a platform country, a natural vocation given our connection to the Pacific Ocean. And that is in line with our spirit of regional integration,” Schmidt said while participating this morning in a virtual seminar attended by Brazilian and Chilean authorities to discuss the initiative.

According to the state-owned company Desarrollo País, the Humboldt will create social and economic benefits for the entire region, improving and speeding up data transmission between Latin America and Asia, a continent of great economic significance.

According to the company, the route along which the underwater cable will pass was defined based on profitability studies that took into account the estimated increase in data traffic over the next 20 years, particularly with 5G technology.

For Brazil’s ambassador to Chile Paulo Roberto Soares Pacheco, the first underwater transoceanic fiber-optic digital route connecting the continents will reduce data transmission time, making digital communications more secure.

In addition to Brazil, Argentina, Australia and New Zealand have expressed interest in joining the project. Currently, Argentina, Brazil and Chile are responsible for 80% of internet traffic in South America.

In a statement, the Brazilian Ministry of Foreign Affairs added that by joining the initiative, Brazil will complete the fiber optic connection with its neighboring countries, thereby “consolidating the regional digital infrastructure.”

“In the coming months, technical teams from the countries involved will deepen discussions on the financial and technical terms of Brazil’s participation in this long-term project. The total investment volume of the project is estimated at around US$400 million, and the term of the public-private concession to operate it is estimated at 25 years,” said the Foreign Ministry.

Source: Agência Brasil

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