Stakeholders in the project include the Government of Liberia (60%), Libtelco (20%), Lonestar Cell (10%), and Cellcom (10%).

[1] CCL signed the Construction and Maintenance Agreement for the ACE system on 5 June 2010.

The World Bank provided an initial US$5 million grant to finance half of the Government of Liberia's stake in the project.

[3] The cable landed in Monrovia on 3 November 2011, with the terminal station expected to be completed by December 2011.

[4] However, the cable will not become operational until the entire ACE system is completed, projected for Q2 2012.