Brazilian state owned telecoms operator Telebras is in talks to set up a new consortium tasked with rolling out a fibre-optic cable linking the United States with the northeastern Brazilian city of Forteleza, BNAmericas quotes the carrier’s president Caio Bonilha as saying. The submarine cable project is part of a wider plan the company is championing to improve Brazil’s internet connectivity with the US, Europe, Africa and the Southern Cone. A consortium will be created for each of the five planned network branches, it said. Telebras’ proposed cable link will span 24,000km and has an initial budget of BRL1.8 billion (USD900 million). It is understood that the first network segments could be operational by 2014.