VSNL to acquire teleglobe

They already have tyco, which has a rather decent submarine cable network.

Now they've bought out Teleglobe for what looks like a song ($178
million) .. teleglobe is one of VSNL's main transit providers by the

Phew. http://www.teleglobe.com/en/our_network/global_data_network_reach.asp
gives teleglobe (and now vsnl) a stake in what looks like over a
hundred submarine and terrestrial cables (sea-me-we*, southern cross,
flag etc)