Eastern Telegraph Co (1)
1855 Capital was raised for the Eastern Telegraph to be laid from the Dardanelles to Alexandria, with the option of further capital to be raised for an extension from Alexandria to India. This would allow connection of Alexandria with all parts of Europe and, eventually, India. H. T. Hope was chairman; Lionel Gisborne was the engineer. Concessions had been obtained for submarine cables between Egypt and the Ottoman Empire.
1857 The European and Indian Junction Telegraph Co had raised funds for a competing line to India which led to acrimonious correspondence in the media. The Eastern Telegraph Co had not carried out its project between the Dardanelles and Alexandria because of British Treasury objections to a short line being in different hands from most of the telegraph lines in the area, so the company handed the concession to others with interests in the Meditteranean
1858 Lionel Gisborne laid a cable part way across the Meditteranean.
c.1869 Another company, also with the name Eastern Telegraph Co, was formed
Sources of Information
- The Times Jul 24, 1855
- The Times, Mar 19, 1857
- The Times, Apr 10, 1857