iWorld
Flag Telecom founder to establish Indian Ocean subsea cable
MUMBAI: A new subsea cable will connect Singapore to Mumbai on India’s west coast. Apart from this one, cable entrepreneur Sunil Tagare recently announced another new subsea cable project, designed to connect Marseille to New York directly.
Without giving funding details, Tagare, in LinkedIn posts, stated that his company Sing-India-Sing Cable would bypass India’s Reference Interconnection Offer (RIO) rules. It would land in an open cable station in Mumbai where the RIO charges would be zero and any carrier would be able to access the cable landing station, he added.
On the Mumbai-Singapore cable, Tagare said that he would sell only full fibre pairs, but on the Marseille-New York cable you could buy a full, half or a quarter fibre pair and have complete control over upgrades and your equipment.
And, Tagare, who has a record in cable projects, stated that Open India would also be an internet exchange where customers could freely choose the carriers and create real competition on the ground.
In 1989, Tagare began the privately financed Fiber Optic Link Around the Global (Flag), which Verizon sold to Reliance Communications; now called as Global Cloud Xchange. Tagare, who quit Flag Telecom in 1996, later founded Project Oxygen cable project unrelated to the current Google operation of a similar name. He later established BuySellBandwidth capacity trading business.
Tagare’s NY project will be called Brexit-1, he declared. It would connect over a dozen cables landing in Marseille from the Middle East, India and Asia to New York bypassing the United Kingdom, he added.
It would be the lowest latency cable between Marseille and New York, he professed, adding, with the chaos around Brexit, it was virtually impossible to know how it would shake out over the next few years. The best bet right now was to avoid the UK totally.
Brexit-1 cable has been designed to run through the Straits of Gibraltar, a decision that has set off a discussion online. Tagare said that route diversity was a critical element of network planning. Almost half a dozen cables already traversed the Straits of Gibraltar. Burying the cable would also enhance security.
In his blog, Tagare stated:
“The first cable will be a direct cable linking Mumbai, India to Tuas, Singapore called Sing-India-Sing. The second cable is called Brexit-1.
I believe that India represents the biggest opportunity for new submarine cable deployment. The only reason it has lagged behind the rest of the world is the arcane RIO (Reference Interconnection Offer) regulations that enabled carriers to charge atrocious access charges. This was reflected in IP Transit rates more than an order of magnitude higher than those in Europe and the US — thereby significantly hurting businesses in India.
So, recently, TRAI won a court case filed by Tata Communications and Bharti Airtel which now will force the carriers to drop their RIO charges by 90%. And TRAI is not done. It wants to pursue this further and get the carriers to drop the RIO charges by 98%.
But as anyone who has done business in India knows, RIO is just one problem faced by customers. Basically, it is almost impossible to move between carriers for lack of Internet Exchanges. So you end up with having no choice from a practical perspective.
It is quite possible you may not need a full fiber pair to India right now but if the price you are paying for a full fiber pair is equivalent to a handful of 100G circuits today, what difference does it make? The minimum speed per fiber pair will be 10 Tbps.”
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iWorld
Netflix cuts jobs in product division amid restructuring
Layoffs hit creative studio unit as leadership and strategy shifts unfold.
MUMBAI: The streaming wars may be fought on screen, but the latest plot twist is unfolding behind the scenes. Netflix has reportedly begun laying off several dozen employees from its product division as part of an internal reorganisation, according to a report by Variety. The cuts are believed to have primarily affected the company’s creative studio unit, which works on marketing assets such as in app trailers, promotional visuals and live experience content for the streaming platform.
The company has not disclosed the exact number of employees impacted.
According to the report, the layoffs were not tied to employee performance. Instead, the restructuring eliminated certain roles while other employees were reassigned to different teams within the organisation.
The roles affected are understood to include designers, producers and creative specialists responsible for marketing and brand experience initiatives.
The job cuts come as Netflix adjusts its leadership structure and reshapes its product and creative teams. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, giving her oversight of product, engineering and data operations across the company.
Earlier, in December 2025, Netflix also appointed Martin Rose as head of creative for global brand and partnerships, a move seen as part of a broader restructuring of the company’s brand and product functions.
Despite the layoffs, Netflix remains one of the largest employers in the streaming sector. The company is estimated to employ around 16,000 people globally, with roughly 70 percent of its workforce based in the United States and Canada. In 2023, the company reported approximately 13,000 employees, indicating that its headcount had grown significantly before the latest restructuring.
The workforce changes arrive at a time when Netflix is navigating a shifting financial and strategic landscape in the global entertainment industry.
The streaming giant recently secured $2.8 billion in additional cash after receiving a breakup fee from Paramount Skydance following its withdrawal from a deal involving Warner Bros. Discovery.
Speaking to Bloomberg, Netflix co chief executive Ted Sarandos explained that the company had evaluated multiple scenarios during the negotiations but chose not to match the competing offer once it learned that a higher bid had been submitted.
Netflix had capped its offer at $27.75 per share and ultimately stepped back rather than pursue Paramount’s $111 billion acquisition deal, which included a personal guarantee.
Sarandos also cautioned that the financing structure behind the Paramount Skydance transaction could have ripple effects across the entertainment industry.
According to him, the debt heavy deal could trigger significant cost cutting, with David Ellison, chief executive of Paramount Skydance, expected to eliminate about $16 billion in costs and potentially cut thousands of jobs as part of the integration process.
For Netflix, the current restructuring appears to be part of a broader attempt to streamline operations while continuing to invest in product, technology and global content even as the streaming industry enters a new phase of consolidation and financial discipline.
