By SubTel Forum

NEC Corp., Japan’s largest maker of phone-network equipment, won an order valued at about 30 billion yen ($362 million) from a group led by Nippon Telegraph & Telephone Corp. to supply undersea cables, according to Your Industry News.  The fiber-optic cables will connect Japan with Southeast Asia, said the people, who asked not to be identified because the deal hasn’t been made public. NEC is also in talks with a separate group on an order valued at about 20 billion yen that may be decided as early as next month, two people familiar with the matter said.

Click here to read the article.