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Vietnam Internet Remains Painful as AAG Cable Repair Delayed

According to VBN, Internet users in Vietnam will continue to experience slow connection speeds due to further delay on AAG cable repair, while the repair on the country’s other internet link, the Intra Asia (IA) cable, is ongoing.

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NJFX Announces Plan to Expand its Cable Landing Station Campus

NJFX, the first Tier 3 carrier-neutral colocation campus that intersects where subsea cables from the United States, South America, Europe and the Caribbean meet, announced on Mondy the expansion of its colocation campus in Wall, New Jersey. By expanding its campus an additional 48 acres, NJFX emphasizes its commitment to developing a tenant-driven community with purpose-built colocation and disaster recovery space, as well as its ability to accommodate space for future independent cable landing stations.

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Retelit Joins the Open Hub Med Consortium

Retelit announced today its interest in the Mediterranean, joining the “Open Hub Med” (OHM) project, with an investment of Euro 100,000.00 for acquisition of 9.52% of the consortium share capital.

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H.I.G. Capital Acquires Assets of Xtera Communications, Inc

H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with over €20 billion of equity capital under management, announced on Wednesday that it has acquired substantially all the assets of Xtera Communications, Inc (“Xtera”), a provider of innovative and bespoke sub-sea fiber optic solutions. H.I.G. previously provided debtor-in-possession financing to the Xtera debtors in connection with the chapter 11 case.

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Colt to Expands Network Services in Japan

Colt announced on Tuesday a major revamp of their advanced fibre optic network, as well as extensive Layer 2 network expansion in Japan. This will enable high-bandwidth services with speeds ranging from 10Gbps up to 100Gbps on mass scale, with greater routes and diversity. The phased expansion of both available services and coverage areas is slated to begin in January 2017.

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Hibernia Networks Expands its Lowest Latency Network to Moscow, Mumbai and Dubai

Hibernia Networks announced the expansion of its global network platform to deliver the lowest latency connectivity from Chicago to Moscow, Russia and Mumbai, India, two vital financial hubs. In addition to these new routes, improved latency performance to Dubai, UAE is now offered directly to the Dubai Gold and Commodities Exchange, strengthening Hibernia Networks’ low latency service for this emerging center of financial markets activity in the Middle East.

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Huawei Contracts with LTI to Deploy Middle Package of Palapa Ring Project

Huawei and PT.LEN Telekomunikasi Indonesia (LTI) today announced an agreement to design and construct a portion of the Palapa Ring project in Indonesia. The Palapa Ring is a broadband network project that is led by Indonesian government for the purpose of increasing broadband penetration in the more remote areas in Indonesia. It consists of three separate sections; dubbed the West, Middle and East packages.

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Telefonica Cancels Telxius IPO

Telefónica announced on Thursday that it was forced to delay a planned €1.2bn IPO of its infrastructure unit, Telxius, due to insufficient demand for the share sale. The Telxius IPO was part of Spanish telecoms group’s plan to cut its €53bn debt.

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Huawei Marine and Rostelecom Complete Construction of Kamchatka-Sakhalin-Magadan Submarine Cable

Rostelecom and Huawei Marine announced on Thursday that they have completed construction of the submarine fiber optic cable connecting Kamchatka and Sakhalin in Russia. The construction of this 900 kilometer (km) submarine cable segment completes phase two of the construction of the Kamchatka-Sakhalin-Magadan network.

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