Encyclopedia > New York, Newfoundland and London Telegraph Company
The New York, Newfoundland and London Telegraph Company was a company in a series of conglomerations of several companies that eventually layed the first Trans-Atlantic cable.
The formation of the Atlantic TelegraphCompany on October 20, 1856, was a result of a meeting of Field, Brett and Bright.
The newcompany attempted but failed in 1857 to successfully launch the first Atlantic cable due to financial difficulties, but plans were made immediately for a second attempt in 1858.
A newcompany, the Anglo-American TelegraphCompany, was formed with the capital Atlantic TelegraphCompany raised.
News and messages from Europe, thrown overboard from the steamers in water-tight canisters, were picked up and telegraphed to North American newspapers from the telegraph office at Cape Race.
The Company installed a new cable from North Sydney to Colinet, St. Mary's Bay in 1913, and from there the cable was trenched to the Bay Roberts station.
This company was established by the Canadian government in 1950 to acquire the Canadian assets of Cable and Wireless Limited and certain assets of the Canadian Marconi Company.
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