Alcatel Submarine Networks To Deliver PRM For Statoil

Nokia Press Release January 17, 2018 Statoil and Alcatel Submarine Networks (ASN) have signed a contract for the delivery of a permanent reservoir monitoring (PRM) system on the Johan Sverdrup field, one of the five biggest oil fields on the Norwegian continental shelf. With 380 kilometers of seismic cables installed on the seabed and more [...]

2018-01-17T09:11:02+00:00 January 17th, 2018|Categories: Future Systems|Tags: , , , , , , |

Xtera Initiates Legal Action against Nokia and NEC

Xtera Press Release January 2, 2018 ALLEN, Texas - Xtera®, a provider of innovative subsea fiber optic solutions, today announced that it has initiated legal action against Nokia Corporation (NYSE: NOK) (“Nokia”), including Alcatel-Lucent, and NEC Corporation (“NEC”) in order to halt infringement of its intellectual property in subsea telecommunications systems. Xtera has filed a [...]

2018-01-02T11:40:47+00:00 January 2nd, 2018|Categories: State of the Industry|Tags: , , , , |

ASN To Deliver Breakthrough Control Infrastructure for Statoil

Alcatel Submarine Networks Press Release December 14, 2017 Alcatel Submarine Networks (ASN), part of Nokia, has been awarded a turnkey contract (EPCI) by Statoil to supply and install DC/FO™ technology as the subsea control infrastructure for the Johan Castberg field in the Barents Sea. DC/FO™ technology is an innovative and cost-effective solution developed and qualified [...]

2017-12-15T07:06:57+00:00 December 15th, 2017|Categories: Offshore Energy|Tags: , , |

Prysmian Sets Sights On Other M&A Targets

By Francesca Landini, Reuters December 5, 2017 MILAN, Dec 5 (Reuters) - Italian cable maker Prysmian is looking at three more M&A targets, its CEO Valerio Battista said on Tuesday, the day after announcing a $3 billion deal to buy U.S. rival General Cable. The targets are mid-sized groups, one based in Asia, one in [...]

2017-12-05T18:22:15+00:00 December 5th, 2017|Categories: State of the Industry|Tags: , , |

Prysmian To Acquire General Cable For USD 3 Billion

By Telecompaper December 4, 2017 Prysmian has agreed to buy rival General Cable for USD 3 billion including debt, creating a new powerhouse in the energy and telecom cable market. The offer of USD 30 per share cash is an 81 percent premium on General Cable's share price in July when the company announced it [...]

2017-12-04T13:17:51+00:00 December 4th, 2017|Categories: State of the Industry|Tags: , , , |

Vocus To Lay Australia-Singapore Cable In February

By Corinne Reichert, ZDNet November 28, 2017 Vocus Communications has announced passing the halfway point on its Australia-Singapore Cable (ASC) project, with much of the progress so far being done on civil engineering works and manufacturing. The subsea cable system, worth $170 million, will be laid between February and March 2018, head of Vocus International [...]

Nokia Still Reviewing Options For Undersea Cables Unit: CEO

By Reuters Staff October 26, 2017 HELSINKI (Reuters) - Nokia is still reviewing its options for its undersea cables unit, a business that underpins the global Internet, chief executive Rajeev Suri said on Thursday. Reuters reported in May that Nokia was planning to sell the ASN division, which is one of the top suppliers of [...]

2017-10-27T10:47:30+00:00 October 27th, 2017|Categories: State of the Industry|Tags: , , , |

Alcatel Submarine Networks And IOX Cable Ltd Announce IOX Cable System Contract In Force

By Alcatel Submarine Networks Press Release October 26, 2017 Paris, France - IOX Cable Ltd and Alcatel Submarine Networks have  commenced work for cable route survey for the IOX Cable System, which will span more than 8,850 kilometers. Arunachalam Kandasamy, Founder and CEO of IOX Cable Ltd said: “We at IOX are pleased to announce the [...]

2017-10-26T11:16:44+00:00 October 26th, 2017|Categories: Future Systems|Tags: , , , , , |

FP Telecommunications And Alcatel Submarine Networks To Strengthen Connectivity In North, Central And South America

By FP Telecommunications Press Release October 18, 2017 New York, US and Paris, France - FP Telecommunications (FPT) and Alcatel Submarine Networks (ASN), part of Nokia, have signed a turn-key agreement for the deployment of AURORA Submarine Cable System. Supporting the increasing bandwidth demands for broadband applications in North, Central and South America countries, AURORA [...]

2017-10-19T10:29:43+00:00 October 19th, 2017|Categories: Future Systems|Tags: , , , , |

French Polynesia’s OPT And Alcatel Submarine Networks To Build NATITUA

By Nokia Press Release July 20, 2017 Papeete, French Polynesia and Paris, France — OPT and Alcatel Submarine Networks (ASN), part of Nokia, have signed a turn-key agreement for the deployment of the NATITUA cable system, which will further enhance the connectivity in French Polynesia. NATITUA will also enhance the availability and accessibility to high quality, [...]

2017-07-21T11:56:42+00:00 July 21st, 2017|Categories: Future Systems|Tags: , , , |