SACS, the first South Atlantic Cable System

Capacity Watch

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.

Read more ...

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.

Read more ...

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.

Read more ...

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.

Read more ...

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.

Read more ...

LONDON – August 3, 2016 – BSO, the global Ethernet network, cloud and hosting provider, announces the international leader in low latency network services is expanding into the United States with the introduction of a metro fibre network in New York City’s financial district. The first of the company’s North America expansion announcements, BSO is lighting up Equinix NY4 – Equinix NY9 – 325 Hudson – 60 Hudson – 165 Halsey – Equinix NY4, a crucial circuit for financial organizations seeking low latency connectivity between key markets.

Read more ...

LONDON – July 27, 2016 – BSO, the global Ethernet network, cloud and hosting provider, announces it has engineered the fastest available trading routes between CME and key financial hubs in Moscow, Dubai and Mumbai. As a well-established market leader in connectivity between established and emerging markets across Europe, the Middle East and Asia, BSO is extending its premium ultra-low latency services across the Atlantic.

Read more ...

Sri Lanka is now being a rising telecom hub in South Asia, enabled with multiple submarine cable systems and South Asia's first submarine cable depot in Magampura Mahinda Rajapaksa Port (MMRP) at Hambantota. Submarine cable systems landed in Sri Lanka are mainly owned and operated by Sri Lanka Telecom (SLT) and Dialog Axiata (Dialog).

Read more ...

Telefónica announced on 10th February the creation of Telxius, a new global company which brings together certain infrastructure assets of the Group. The infrastructure assets which will initially be brought together in Telxius will include approximately 15,000 Telefónica telecommunication towers in Spain and other countries, as well as the Telefónica Group´s international submarine cable systems.

Read more ...