Hibernia Networks has deployed a 4,600 Km low latency fibre optic submarine cable connecting the US to Irish shores.

The first transatlantic cable to be deployed in 12 years is expected to go live in September linking Halifax, Nova Scotia Canada to Cork, Ireland.

With 100Gbps transmission speeds, the €273 million project will allow data to travel across the Atlantic ocean within 60 milliseconds, four to five milliseconds faster than others companies’ submarine cables, according to Hibernia Networks.

The company said that the Hibernia Express cable will yield in excess of 10Tbps per fibre pair, nearly three times more the capacity delivered on current transatlantic systems.

Decision to lay the cable was taken after an increasing demand for high speed connectivity driven by big data, cloud and media rich applications, according to the provider of global capacity services.

Bjarni Thorvardarson, CEO of Hibernia Networks, said: "The new low latency cable provides the international connectivity it needs to support the big data and cloud applications that are driving the transformation of telecommunications globally, enabling businesses to operate more efficiently and competitively."

Omar Altaji, CCO of Hibernia Networks, said: "Financial firms, web-centric companies, media players and traditional telecom service providers alike will benefit from the speed, diversity and scalability that Hibernia Express brings to the transatlantic corridor."