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News

EU Funds SUBMERSE Project

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
06 November 2023

The European Union has funded a grant of € 9 744 100,00 for a three-year SUBMERSE project, the "SUBMarine cablEs for ReSearch and Exploration" (SUBMERSE) programme, aiming to make available to the scientific community, civil society and industry, data from continuous observations on several submarine fibre optic cables, using technologies such as polarization state detection (SOP) and digital acoustic sensing (DAS) 

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KKR to Invest $400 Million in Leading Neutral Subsea Telecommunications Cable Services Provider OMS Group

Details
PR Release By PR Release
PR Release
Category: News
31 October 2023

KKR, a leading global investment firm, and the parent company of OMS Group (or the “Company”), a leading telecom infrastructure company and provider of subsea cable services, today announced the signing of definitive agreements under which KKR will commit $400 million in a tailored solution for OMS Group.

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Liquid Dataport launches its shortest fibre route connecting the East Coast to the West Coast of Africa

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PR Release By PR Release
PR Release
Category: News
01 June 2023

Liquid Dataport, a business of Liquid Intelligent Technologies (Liquid), a pan-African technology group, has launched its newest fibre route connecting Mombasa, Kenya, to Muanda on the west coast of the Democratic Republic of Congo (DR Congo). This is the shortest route connecting East to West Africa, reducing data transmission latency by 20 milliseconds. The much anticipated 3,800km route marks a new era in East-West connectivity on the continent, adding to Liquid’s One Africa Digital Network, which now spans 110,000 km.

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CEF Digital Programme Grants €150 million to 38 Projects Including Multiple Subsea Cable Projects

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
01 June 2023

The European Commission will provide a total amount of nearly €150 million in financial support to 38 projects to deploy safe, secure and sustainable high-performance 5G and digital backbone infrastructure. The projects have been selected among 60 projects submitted under calls for proposals under Connecting Europe Facility (CEF Digital), the funding programme supporting European digital infrastructure.

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Liquid Dataport launches the first terrestrial data superhighway connecting Mombasa to Johannesburg

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
25 May 2023

Liquid Dataport, a business of Cassava Technologies, a pan-African technology group, announced it has launched the first terrestrial fibre connecting Mombasa to Johannesburg. This new route, including a breakthrough and unique fibre link across DRC between Goma and Kananga, provides multiple landlocked countries with extra redundancy, resilience, connectivity to numerous data centres and cloud resources, and, most significantly, an alternative option in the event of a subsea cable outage between Kenya and South Africa.

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Sparkle to Deploy C+L Technology across it Terrestrial and Subsea Networks

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
16 April 2023

Sparkle announced the deployment of state-of-the-art C+L technologies - supplied by Infinera and Nokia - on its global optical terrestrial and subsea networks to further enhance its offering and meet the surging market demand worldwide. 

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Vocus confirms Australia’s first 400Gbps service ready to go

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PR Release By PR Release
PR Release
Category: News
10 November 2022

Vocus, Australia’s specialist fibre and network solutions provider, announced availability of Australia’s first commercial 400Gbps Wavelength Ethernet product connecting Sydney, Melbourne and Canberra.

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Lumen to Divest EMEA Business to Colt for $1.8 billion

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
03 November 2022

Lumen Technologies (Lumen) and Colt Technology Services (Colt) announced Wednesday they have entered into an exclusive arrangement for the proposed sale of Lumen's Europe, Middle East and Africa (EMEA) business to Colt for $1.8 billion. This represents a very attractive multiple (~11x) for Lumen EMEA business's estimated 2021 adjusted EBITDA.

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Mobily announces the establishment of the digital hub through a new Carrier Neutral IX & infrastructure expansions initiatives

Details
PR Release By PR Release
PR Release
Category: News
27 October 2022

Mobily announced its investments in new submarine cables, terrestrial networks, data centers and internet exchange at the Capacity Europe 2022 Conference, which took place in London. The conference brought the carrier community together under one roof to discuss current and future partnerships, collaborative projects, and the transformation of the wholesale telecom ecosystem fueled by rapid digital transformation. Mobily was a Gold Sponsor at the event and announced and shared its infrastructure expansion initiatives with the carrier community.

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NEC Signs 45-month Charter Contract for Submarine Cable-laying Ship

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
17 October 2022

NEC Corporation (NEC) announced today that it has signed a charter contract with U.K.-based Global Marine Systems Limited for an optical submarine cable-laying ship for approximately four years. Through this contract, NEC will strengthen its provision of submarine cable systems and respond to expanding demand for submarine cables due to the increase in global data traffic.

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3i Infrastructure Completes Acquisition of GCX for $377m

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
30 September 2022

3i Infrastructure plc (“3i Infrastructure”) announced the completion of its $377 million investment to acquire a 100% stake in Global Cloud Xchange (”GCX”), a leading global data communications service provider and owner of the world’s largest private subsea fibre optic network.

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Global Subsea Communications Leaders to Gather Once More in Singapore at the 25th Anniversary of Submarine Networks

Details
Winston Qiu By Winston Qiu
Winston Qiu
Category: News
27 August 2022

Singapore, 25th August 2022 - Submarine Networks World, the largest annual gathering of subsea communications leaders in the world will once again convene in Singapore on September 7-8, 2022. This is the first in-person edition of the event since 2019 and marks the first time that the subsea communications community has been able to gather at scale since the pandemic.

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Submarine Networks World

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