Submarine Cables Investment A ‘High Priority’ for Anacom

By Telecompaper

November 15, 2017

The president of Portugal’s National Communications Authority (Anacom), Joao Cadete de Matos, said that the issue of submarine cables is a “high priority” regarding the investments the country has to make in the short term, reports Lusa. He pointed out that the undersea fiber-optic linking Continental Portugal with the Azores and Madeira will reach their end of life within a few years and will therefore need to be replaced. Cadete do Matos added that it is desirable to find partners that would be prepared to invest around EUR 75 million, although he does not exclude that the State and the regional administration could take over most of the investments.

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2017-11-15T13:12:02+00:00 November 15th, 2017|State of the Industry|