Venezuelan and Iranian authorities announced this weekend the signing of an agreement to build a fiber optic factory in the South American country, more specifically in La Guaira, a State just 30 kilometers north of Caracas and home to the country's gateway Simón Bolívar Airport. The Americas Region Caribbean Ring System (ARCOS-1) is a fiber optic submarine communications cable of 8,400 kilometers that extends between the United States, the Bahamas, the Turks and Caicos Islands, the Dominican Republic, Puerto Rico, Curaçao, Venezuela, Colombia, Panama, Costa Rica. Venezuela 's state-owned telecommunications company, Cantv, has officially decommissioned its 31-year-old Américas I submarine cable, one of the oldest in the region.
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