Camtel Officially Opens Shareholding

Camtel Officially Opens Shareholding By IT Web Africa May 31, 2019 State-owned telco Cameroon Telecommunications (Camtel) is poised to generate more revenue by selling shares to public and private investors after officially opening up its capital. This follows a decree issued by the country's President Paul Biya on 28 May 2019. "Camtel's shareholding may be [...]

2019-05-31T11:01:32-04:00May 31st, 2019|Categories: State of the Industry|Tags: , , , , , , |

WFN Strategies Receives Presidential “E” Award for Exports

WFN Strategies Receives Presidential "E" Award for Exports WFN Strategies Press Release May 23, 2019 STERLING, VIRGINIA — Today, U.S. Secretary of Commerce Wilbur Ross presented WFN Strategies with the President’s “E” Award for Exports at a ceremony in Washington, D.C. In total, Secretary Ross honored 48 U.S. companies with the President’s “E” Award, the [...]

Bermuda to Promote Tech Cable Corridor at SubOptic 2019

Bermuda to Promote Tech Cable Corridor at SubOptic 2019 Bermuda Business Development Agency Press Release April 8, 2019 Hamilton, Bermuda, April 7, 2019—A Bermuda delegation attending a high-profile conference for the global submarine cable industry this week will promote the island as a strategic Atlantic landing hub for fibreoptic corridors. SubOptic, a triennial event being [...]

2019-04-08T10:27:39-04:00April 8th, 2019|Categories: State of the Industry|Tags: , , , , , |

WFN Strategies Nominated for Federal Award

WFN Strategies Nominated for Federal Award WFN Strategies Press Release March 18, 2019 STERLING, Virginia – WFN Strategies is catching attention for its ongoing work. WFN Strategies has been nominated for the US Department of Commerce 2019 President’s “E” Award for Export, an award recognizing firms or organizations that have made significant contributions to the [...]

2019-03-18T15:37:48-04:00March 18th, 2019|Categories: State of the Industry|Tags: , , , , , |

Telia Carrier, Telxius Announce Capacity Agreement

Telia Carrier and Telxius Announce Major Network Capacity Agreement Telxius Press Release March 13, 2019 Stockholm/Madrid – Telia Carrier and Telxius announced today a landmark agreement for multi-terabit capacity services combining transatlantic capacity from Telxius in the new 6,600 km MAREA cable system and Telia Carrier’s European backbone network. The combination of Telia Carrier’s extensive [...]

2019-03-13T10:22:59-04:00March 13th, 2019|Categories: State of the Industry|Tags: , , , , , , , |

Seacom Acquires FibreCo for National Coverage

Seacom Acquires FibreCo for National Coverage By IT-Online March 4, 2019 Seacom today formally announced the completion of the 100% acquisition of FibreCo Telecommunications. FibreCo owns and operates a national fibre network providing infrastructure and connectivity services across South Africa. The acquisition was made through Seacom South Africa. FibreCo’s network runs along South Africa’s highest-traffic [...]

2019-03-06T11:10:43-04:00March 6th, 2019|Categories: State of the Industry|Tags: , , , , |

WFN Strategies Passes Annual ISO 9001 Audit

WFN Strategies Passes Annual ISO 9001 Audit with Flying Colors Press Release February 25, 2019 STERLING, VIRGINIA - WFN Strategies has gained international recognition for its quality management system. The world’s first submarine cable implementation company to achieve certification, Submarine cable system implementation company WFN Strategies has requalified its accredited certification to the ISO 9001 [...]

2019-02-27T11:11:10-04:00February 27th, 2019|Categories: State of the Industry|Tags: , , , , , , |

Former CEO of Alaska Fiber-Optic Project Pleads Guilty

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

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 [...]

2019-02-04T15:21:36-04:00February 4th, 2019|Categories: State of the Industry|Tags: , , , , , |

Telefónica to Sell Affiliates to America Movil

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 [...]

2019-01-25T14:11:06-04:00January 25th, 2019|Categories: State of the Industry|Tags: , , , , , |