Broadband service rates will reduce once persons buy into the service when the new Suriname-Guyana submarine cable system is in place.Chief Executive Officer of the Guyana Telephone and Telegraph Company, Joseph Singh, at the multi-million-dollar deal signing ceremony said that at a national level there will be need for upgrades to facilitate the advanced level of technology.GT&T CEO, Joseph Singh (left) along with Telesur CEO, Dirk Currie and CEO of the contracting company, Global Marine Systems, Steve Scott (right) singing off the multi-million dollar deal in Suriname The new state of the art fibre-optic cable system will be in place by 2010.Singh in his address to the gathering at Royal Torarica Hotel, Paramaribo, Suriname said that this US$60M investment will ensure that this component is ready to meet the needs of today and tomorrow.“Such catalytic developments as desired by national leadership will, however,Jerseys NFL China, need time and partnerships between local and central government,NFL Cheap Jerseys Wholesale, the ICT infrastructure and service providers and other development agencies.”He said that GT&T is enthusiastic about being a partner in identifying and participating in ways in which e-governance can improve the quality of government services including a nation wide system to deliver government services electronically in far flung areas.Such new technology will develop an integrated electronic access to government information and services.At the same time,Cheap NFL Jerseys Wholesale, this will establish national law enforcement, public safety, civil defense networks and providing government wide electronic mail to breakdown barriers to information flow within the society.“We also feel that better ICT infrastructure has the potential to make our country work more efficiently, effectively and innovatively, especially in a highly competitive global environment.”According to him, the company is not na?ve, however to believe that ICT is either ‘magic sliver bullet’ or alternative to other development investments but if applied in conjunction with other initiatives there are crucial enabling factors for the development.About a week ago,Cheap Jerseys, President Bharrat Jagdeo, at the commissioning of the Berbice River Bridge, said that there is need for the upgrading of other infrastructure such as communication technology in Guyana.Singh said that the President has since stated that he is a firm advocate of the Suriname-Guyana Submarine Cable System and will be making a public statement of support for this project.Modern telecommunications are a critical component for Guyana’s future growth, he said.On Monday, the telephone company signed off a US$60M deal with Surinamese telecommunications giant Telesur for the construction of a new submarine fibre optic-cable.The 1200-km (700 miles) cable will represent a potential 3000 to 4000 times increase in telecom bandwidth currently available through the Americas II cable and satellite links.The agreement has now paved the way for the laying of a new cable, which will link Guyana and Suriname to the worldwide network of similar cables through a landing station in Trinidad.This will result in the huge increase in data and voice transmission capacity for both Guyana and Suriname by early 2010.With the investment,China Jerseys, both Guyana and Suriname will be on equal footing with the most developed countries in terms of infrastructure of their international telecommunications connectivity, providing unlimited and secure bandwidth for business operations.