A submarine communications cable is a cable laid on the between land-based stations to carry across stretches of ocean and sea. The first submarine communications cables were laid beginning in the 1850s and carried traffic, establishing the first instant telecommunications links between continents, such as the first which became operational on 16 August 1858. By 1872 all the continents. Transmission Developers, whose board is chaired by Brian Kubeck, is backed by Blackstone and was announced on February 23, 2010. Since then, the CHPE Project has made significant progress in terms of securing the governmental approvals. The Federal Energy Regulatory Commission authorized the Project developers to sell transmission rights at negotiated rates in July 2010. Less than a year later, the New York State Department of State issued its Coastal Zone Consistency determination for the project.