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News

NTT Marine Launches Philippine-flagged Submarine Cable Vessel

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
01 April 2025

According to The Philippine Star news, NTT World Engineering Marine Corp. (NTT WE Marine) has launched a new submarine telecommunications cable laying vessel, registered under the Philippine flag, strengthening its presence in the Philippines where is growing rapidly on submarine cable infrastructure sector.

Read more …

ACCC Green Lights Vocus-TPG AU$5.25billion Acquisition

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
22 March 2025

Australia’s competition regulator, the Australian Competition and Consumer Commission (ACCC), announced on Thursday that it will not oppose Vocus Group’s proposed acquisition of TPG Telecom’s fixed line business, enterprise, government, and wholesale customer base as well as its fibre and transmission networks.

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Keppel Acquires a 100% Stake in Global Marine Group (GMG)

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
11 March 2025

Keppel Ltd. (Keppel) announced on Monday that its private investment vehicle Keppel Infrastructure Fund (KIF, previously known as Keppel Asia Infrastructure Fund II) and its co-investor acquired a 100% stake for an undisclosed sum in UK-headquartered Global Marine Group (GMG), from investment affiliates of JF Lehman and Company.

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Nokia Completes Acquisition of Infinera

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
06 March 2025

Nokia announced the closing of the acquisition of Infinera Corporation. The San Jose based company has become part of Nokia effective as of the closing on 28 February 2025.

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Zayo and Infinera Trial 1Tbps Wavelength Transmission over 1391km Live Network

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
19 February 2025

Zayo and Infinera announced the successful completion of a live network trial using Infinera’s ICE7, a seventh-generation embedded optical engine, to deliver 1 Tbps single 150GHz wavelength transmission over 1,391 kilometers (km) on a major North American route between Sacramento, CA and Salt Lake City.

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D9 Divests Aqua Comms for Net Proceeds of $48m

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
21 January 2025

Digital 9 Infrastructure plc ("D9" or the "Company" and, together with its subsidiaries, the "Group") reported to the London Stock Exchange that D9 has signed a binding agreement with EXA Infrastructure, a portfolio company of funds advised and/or managed by I Squared Capital ("EXA") for the divestment of the Atlantic and Irish Sea subsea fibre business, Aqua Comms, for net proceeds of $48m (c.£40m).

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EXA Infrastructure Enters into Agreement to Acquire Aqua Comms

Details
PR Release By PR Release
PR Release
Category: News
19 January 2025

EXA Infrastructure has announced that it has signed binding agreements to acquire Aqua Comms – a specialist operator of Transatlantic and intra-European subsea infrastructure.

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Nokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
07 January 2025

Nokia announced the sale of ASN on 27 June 2024. The transaction allows Nokia to focus the portfolio of its Network Infrastructure business group while positioning ASN strongly to build on the transformation achieved while part of Nokia
 

  • Focuses the portfolio of the Network Infrastructure business group.
  • Ensures continued development of a strategic, market-leading French and European business.
  • Nokia will retain a 20% shareholding and board representation until targeted exit to ensure a smooth transition.
     

3 January 2025 Espoo, Finland – Nokia today announces that it has concluded the sale of Alcatel Submarine Networks (ASN), a leading submarine networks business, to the French State, represented by the Agence des participations de l'Etat. The transaction was completed on 31 December 2024. Nokia retains a 20% shareholding with board representation to ensure a smooth transition until targeted exit, at which point it is planned for the French State to acquire Nokia’s remaining interest.

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Yondr Group Secures over US$900m in Project Financing

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
24 December 2024

Yondr Group announced it has secured financing of more than US$900 million to fund the construction and initial operation of the company’s 98MW data center development in Johor, Malaysia.

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Sparkle and Fincantieri Sign Memorandum of Understanding for the Protection and Surveillance of Submarine Cables

Details
PR Release By PR Release
PR Release
Category: News
19 December 2024

Sparkle, the first international service provider in Italy and among the top global operators, and Fincantieri, one of the world’s leading shipbuilding groups, have signed a Memorandum of Understanding to collaborate on the development of innovative technological solutions for the surveillance and protection of submarine telecommunications cables.

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Independent Power Transmission Operator and Serverfarm Join Forces to Spearhead Hyperscale Data Center Development and Operations in Greece

Details
PR Release By PR Release
PR Release
Category: News
19 December 2024

The Independent Power Transmission Operator (IPTO) of Greece and Serverfarm, a global data center developer and operator, announced today the signing of a Heads of Agreement regarding the formation of Gemini, a Joint Venture with the objective of developing and operating state-of-the-art, hyperscale-ready data center facilities in Athens and elsewhere in Greece, on sites owned by IPTO.

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Cabo Verde Telecom Invites Bids for Submarine Cable Project

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
13 December 2024

Cabo Verde Telecom has launched a international open tender for CSII4 - Design, Supply, and Installation of six (6) Segments Submarine Cable System in the Republic of Cape Verde.

Read more …

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