Former CEO of Company Leading Alaska Fiber-Optic Project Pleads Guilty to Fraud By Alex DeMarban, Anchorage Daily News February 12, 2019 The former chief executive of a company overseeing an Arctic fiber-optic project in Alaska pleaded guilty Monday to fraudulently inducing two New York investment companies to commit more than $250 million to the project, [...]
Angola Cables Landing Station in Fortaleza Gains Tier III Certification By Telecompaper February 4, 2019 Angola Cables' landing station in Fortaleza, Brazil, has been awarded Tier III Certification by the Uptime Institute. The certification recognises the operational efficiency of the infrastructure and facilities constructed as of December 2018. The construction of the landing station started [...]
Telefónica Centroamérica Inversiones Agrees the Sale of Telefónica Guatemala and El Salvador to América Móvil for 570 Million Euros Telefonica Press Release January 24, 2019 TELEFÓNICA, S.A. (“Telefónica” or the “Company”) in compliance with the Securities Market legislation, hereby communicates the following INSIDE INFORMATION Today, Telefónica's subsidiary Telefonica Centroamérica Inversiones, S.L., 60% of which is [...]
Nexans Announces a Project to Enhance Its Organization and Restructure Its European Operations Nexans Press Release January 24, 2019 Stronger focus on operational efficiencies and competitiveness. Leaner, more agile and cost-effective organization. Paris La Défense - Nexans enters today an Information and Consultation process and announces a restructuring project that would allow: A complete resizing [...]
Samoa Online School Shows Submarine Cable Benefits By Sapeer Mayron, Samoa Observer January 22, 2019 The Prime Minister has applauded an “innovative venture” combining education and technology, Samoa’s brand new Apia International School. A project of Marj Moore of The Learning Centre and Fiona Ey, Apia International School (AIS) is Samoa’s first correspondence high school, [...]
Hawaiki and PacketFabric Team up to Deliver Innovative Capacity Solutions and Broader Network Reach Hawaiki Cable Press Release January 23, 2019 PacketFabric expands its presence and connectivity services in the Asia-Pacific region with new POPs in Sydney and Auckland Hawaiki’s capacity becomes available from 150+ Data Centers across the United States and Europe AUCKLAND, New [...]
IPG Photonics Announces Agreement to Acquire Padtec Submarine Networks Division IGP Photonics Press Release January 22, 2019 Acquisition will leverage core IPG fiber amplifier technology to advance the market for submarine networking systems OXFORD, Mass., (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has signed a definitive agreement to acquire the [...]
XSite Modular Awarded Cable Landing Station Contract by PNG DataCo Limited After ‘Substantial Successes’ in the Solomon Islands XSite Modular Press Release January 21, 2019 NEW JERSEY, USA – XSite Modular, the leading prefabrication consultant and design-builder of Critical Infrastructure Buildings worldwide, announces that PNG DataCo Limited (DataCo) has awarded the company a contract to [...]
Southern Cross Cables Limited Selects New CEO By Scoop, Southern Cross Press Release December 20, 2018 Southern Cross Cables Limited announced today that its Board of Directors has appointed Laurie Miller as Southern Cross’ new President and Chief Executive Officer. Miller will assume the new role on March 1, 2019, leading Southern Cross into the [...]
Telecom Egypt, Fiber Misr Sign MoU in Submarine Cable Services Domain By MENA, Egypt Today December 13, 2018 CAIRO, Dec 13 (MENA) - Telecom Egypt signed a memo of understanding with Fiber Misr company on Thursday in the domain of submarine cable services. In a statement, the Communications Ministry said the memo will help upgrade [...]
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