Corning Inc and CTR Group Ltd, announced that Corning will be the exclusive optical fibre sponsor of Project Oxygen, the global undersea optical fibre communications cable network being constructed by CTR Group Ltd, of Woodcliffe Lake, New Jersey. The sponsorship agreement allows Corning the opportunity tosupply submarine fibre from its line of non-zero disperison-shifted fibres, optimized for very high capacity and long distance, for use throughout the Project Oxygen Network. "We are pleased to have the support of Corning, which has one of the most advanced optical fibre technologies in the world," said Neil Tagare, chairman and CEO of CTR. Project Oxygen Network is a planned global optical fibre undersea cable network with a first phase comprising 158,000km of fibre cable, 101 landing points in 74 countries and locations and 640Gbps (min)