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By PR Release Nokia has signed a put option agreement with the French State contemplating the sale of ASN for an Enterprise Value of EUR 350 million, subject to informing and consulting with relevant employee representative bodies.
By Winston Qiu OMS Group announced the signing of a syndicated facilities valued at US$292.5M (“facilities”) with a consortium of prestigious financial institutions comprising HSBC, Affin Bank Berhad, Affin Hwang Investment Bank Berhad, BDO Capital & Investment Corporation, E-Sun Commercial Bank Ltd. and SinoPac Co. Ltd, with KKR Capital Markets facilitating this exercise.
By Winston Qiu Bulk Infrastructure (Bulk) announced on Wednesday a €350m/USD$380m equity investment by BGO, a leading global real estate investment management firm, which will be deployed to accelerate its growth plans.
By Winston Qiu According to Malaysian New Straits Times (NST), the Transport Ministry has announced an exemption of the cabotage policy for all foreign ships engaged in the installation, maintenance and repair of submarine telecommunication cables in Malaysian waters, effective on 1st June 2024.
By Winston Qiu Infinera announced the successful completion of desktop simulated network evaluations to achieve 83.6Tbps transmission over 1240km G.654.C ULL optical fiber，deploying Super C+Super L technology on Telstra InfraCo’s Australian intercity optical fibre network.
By Winston Qiu Announced in October, 2023, KKR and the parent company of OMS Group signed definitive agreements under which KKR commited $400 million in a tailored solution for OMS Group. This marks KKR’s latest digital infrastructure investment in Southeast Asia, underlining its conviction in the role digitalization plays in the region’s burgeoning internet economy.
By PR Release Telstra International, the global arm of leading telecommunications and technology company Telstra, announced its plans to develop a regional network hub in Guam by establishing a new dedicated point-of-presence (PoP) in Piti at the carrier-neutral GNC iX data center, which is owned and operated by leading local telecommunications provider, TeleGuam Holdings, LLC, doing business as GTA.
By Winston Qiu According to CNII news, China Telecom has successfully trialed and achieved a maximum transmission capacity of 64Tbps per fiber pair over a distance of more than 1,200 kilometers, using the existing in-service G.652 optical fiber cable, and extended C+L technology.
By Winston Qiu According to Korean news, LS Cable & System (LS C&S), a South Korea-based leading cable manufacturer, announced on Apr. 20 that it will receive investment tax credits of 136 billion won ($98.62 million) from the United States federal government to build a new submarine cable factory in the country.
By PR Release NEC Corporation(NEC; TSE: 6701) and NTT Corporation (NTT) announced that they have successfully conducted a first-of-its-kind transoceanic-class 7,280km transmission experiment using a coupled 12-core multicore fiber, which consists of 12 optical signal transmission paths in a standard outer diameter optical fiber (0.125 mm).
By PR Release Dawiyat Integrated, a Saudi telecommunications & information technology company,a subsidiary of the Saudi Electricity Company and a leading provider of wholesale telecommunication infrastructure services in the Kingdom, has announced that it has obtained a license to establish “cable landing stations and international cable capacities” from the Communications, Space and Technology Commission (CST).
By Winston Qiu center3 announced that it has entered into a definitive agreement to acquire CMC Networks. The acquisition aligns with center3's strategic vision for growth and expansion in the Middle East and African markets.
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