Displaying items by tag: Subsea cable

Keppel Infrastructure Fund (KIF), a division of Singapore based asset manager Keppel Ltd, and an unnamed co-investor, has acquired a 100% stake in subsea cable maintenance provider Global Marine Group (GMG).

Italian telco Sparkle and Turkish mobile operator Turkcell have signed a Memorandum of Understanding (MoU) for a subsea cable solution to improve connectivity in the Mediterranean region.

Telstra's global arm Telstra International has announced a plan to upgrade its international network, which includes boosting the capacity of its subsea cable infrastructure from its current 235 Tbps to more than 800 Tbps of total lit capacity.

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Australian telecoms infrastructure provider Vocus has partnered with Google to build Australia Connect, a 42,500 km high-capacity submarine network linking to Australia’s north, east and west coasts.

Sunshine Coast, NEXTDC and Google will partner on developing a new landing point in Australia for the Tabua trans-Pacific subsea cable that will connect the United States and Australia to Fiji.

An international consortium of companies have formed a joint corporation to work towards development of a submarine fibre optic system connecting Asia and Europe through the Arctic.

Search giant Google has announced that its Dunant subsea cable system which connected the US to mainland Europe is now ready for service and will provide capacity of 250Tbps across the Atlantic.

Oh, Canada! Australia's top telco is launching a dedicated Toronto Point-of-Presence to support increasing demand for connectivity into APAC from Canadian finance, tech and startup industries - aboot time!

H2 Cable and SubCom have signed a contract for the supply and installation of the H2 submarine cable system that will be the first to connect Australia and Hong Kong, with direct access to China.

Telstra says it has launched a new service on its busiest subsea cable routes in Asia, to ensure continuous connections. The service has been started in collaboration with Ericsson and Ciena.

Binding rules of conduct setting out interim prices for new wholesale transmission services to Christmas Island have been issued by the competition watchdog, the ACCC.

Telstra is taking up an equity partnership in Southern Cross Cable Networks with an investment that gives it extra capacity in the trans-Pacific subsea cable.

Installation of the INDIGO Central subsea cable is due to be completed in early December, and will provide a “new and unique” subsea communications link between Sydney and Perth.

The Vocus Group has opened a new line of debt to the tune of A$1.27 billion and NZ$150 million, with the same interest cover and gearing ratios but with a new net leverage ratio to provide what it calls "financial headroom and flexibility".

The Tasmanian Government has formally lodged a notice of dispute with Basslink, claiming damages to the tune of $122 million as a result of a six-month outage that began in December 2015.

Japan's NEC Corporation and the Southeast Asia-Japan 2 consortium (SJC2) have signed an agreement for the former to build a high-performance submarine cable connecting Singapore, Thailand, Cambodia, Vietnam, Hong Kong, Taiwan, mainland China, Korea and Japan.

Southern Cross Cables has announced multiple deals for use of its Next subsea cable, including a major capacity commitment by FINTEL, Fiji’s International Gateway provider and wholesale telecommunications company.

At the PTC conference today in Hawaii, Telstra announced that it "entered into agreements to invest in two new international subsea cable systems that will connect Hong Kong and the west coast of the United States".

Basslink chief executive Malcolm Eccles has dismissed Hydro Tasmania's claim that it had found the reason behind the Basslink cable failure in 2015, saying that the expert reports cited as proof merely outlined one possible cause of the outage.