AFC Signs Master Cooperation Agreement With International Finance Corporation

By Africa Finance Corporation Press Release October 18, 2017 Lagos, Nigeria - Africa Finance Corporation (AFC) has this month become the 30th  member of the Master Cooperation Agreement (MCA) at the World Bank’s Annual Meetings in Washington DC. Created by the International Finance Corporation’s (IFC) in 2009, the MCA seeks to enhance cooperation among member development [...]

2017-10-19T10:25:02+00:00 October 19th, 2017|State of the Industry|

2017-18 STF Submarine Telecoms Industry Report Is Now Available

By SubTel Forum Press Release October 16, 2017 Sterling, Virginia - SubTel Forum is pleased to announce that the 2017-18 edition of the Industry Report is now available! In this issue our analysts discuss the current health and state of affairs in the submarine telecoms market. You will also find  exclusive quotes from over 25 [...]

2017-10-17T10:36:08+00:00 October 16th, 2017|Featured, State of the Industry, SubTel Forum|

Global Marine To Acquire Fugro’s Trenching And Cable Laying Business

By Global Marine Group Press Release October 12, 2017 Chelmsford, United Kingdom - Global Marine Group (“GMG”), a leading provider of offshore engineering services to the telecommunications, oil & gas, and renewables industries, announced today that Global Marine Systems Limited (“GMSL”) has entered into an agreement with Fugro N.V. (“Fugro”) (AMS: “FUR”) under which GMG [...]

2017-10-12T10:15:12+00:00 October 12th, 2017|State of the Industry|

Broadband “Remarkable Tool” Says UN Secretary-General

By International Telecommunication Union Press Release September 18, 2017 New York, United States - Broadband access was recognized yesterday as critical to achievement of the United Nations Sustainable Development Goals, with the call to action to ensure access for all or risk that some vulnerable populations could fall deeper into the digital divide. This is according [...]

2017-09-19T03:13:54+00:00 September 19th, 2017|State of the Industry|

KDDI To Construct New Cable-Laying Ship

By 4-traders.com September 15, 2017 KDDI CORPORATION and Kokusai Cable Ship Co., Ltd. (hereinafter referred to as 'KCS'), a KDDI Group company, have announced plans to construct a new submarine cable-laying ship, which is scheduled to launch in fiscal year 2019. ... By utilizing the expertise accumulated through experience in laying and repairing communications cables, [...]

2017-09-15T13:15:08+00:00 September 15th, 2017|State of the Industry|

FEC Plans To Expand Production Capacity At OFS To Meet Global Demand

By OFS Press Release September 15, 2017 Tokyo, Japan and Norcross, Georgia – Furukawa Electric Company (Furukawa Electric) today announces plans to nearly double its 2016 optical fiber manufacturing capacity by 2019 and to increase its optical fiber cable manufacturing capacity as well, thereby creating over 400 jobs over the next two years. Between 2014 and [...]

2017-09-15T12:48:58+00:00 September 15th, 2017|State of the Industry|

Telecom Italia Weighing Options Over Its Strategic Asset Sparkle

By Reuters September 14, 2017 PARIS, Sept 14 (Reuters) - Telecom Italia is considering several options for its Sparkle unit including selling the subsidiary or making it a separate entity within Telecom Italia that would remain under Italian leadership. Top investor Vivendi has tightened its grip on Telecom Italia and Rome wants to keep powers [...]

2017-09-15T11:03:06+00:00 September 15th, 2017|State of the Industry|

Ireland-France Subsea Cable Announces Fergus Innes as Managing Director

By Ireland-France Subsea Cable Press Release August 31, 2017 CORK, IRELAND - Ireland-France Subsea Cable Limited (“IFSC”) has appointed veteran telecommunications executive Fergus Innes as Managing Director effective September 1, 2017.  Mr. Innes will have responsibility for business development activities on the IFC-1 cable system which is scheduled to come into service during the second quarter [...]

2017-08-31T10:17:19+00:00 August 31st, 2017|State of the Industry|

Djibouti And Somalia To Share Submarine Optic Fibre

By Paul Adepoju, ITWeb Africa August 24, 2017 The governments of Djibouti and Somalia have reached an agreement on capacity sharing of the submarine optic fibre cable, the Djibouti African Regional Express. The agreement was reached at the end of a four-day working visit to Djibouti by Somalia's telecommunications minister Abdi Ashur Hassan. Hassan and [...]

2017-08-25T13:22:13+00:00 August 25th, 2017|State of the Industry|

WFN Strategies Makes Inc. 5000

By WFN Strategies Press Release August 16, 2017 STERLING, VIRGINIA –  For the third time, WFN Strategies has been named to Inc. Magazine’s 36th Annual Inc. 5000 list, recognizing it as one of the fastest-growing companies in America. The Inc. 5000 ranks private companies by overall revenue growth over a three-year period and recognizes business [...]

2017-08-16T15:01:29+00:00 August 16th, 2017|State of the Industry|