News From Around The World Of Submarine Telecoms For The Week Of March 13-19
SubTel Forum Magazine Issue 99 Now Available
The latest issue of SubTel Forum is now available. This month’s issue covers finance and legal topics from around the submarine telecoms industry.
Cable Faults & Maintenance
Tasmanian Govt Could Sue Over 2015-16 Basslink Failure
The Tasmanian government has threatened to take legal action against the operators of a Bass Strait electricity cable, Basslink, that failed and contributed to an energy crisis in the state.
Basslink ‘Strongly Denies’ It Owes Tasmanian Government
Basslink has refuted claims by the Tasmanian government that it breached the contract it has with the state as the operator of a telecommunications and energy subsea cable, also denying that it is liable to the more than AU$100 million in losses the state is claiming.
TE SubCom To Build Cable Landing Infrastructure In LA
TE SubCom, announced that easements, permitting and agreements are complete and groundbreaking and construction will begin in five days on a cable landing project that will serve multiple subsea cables and users in Southern California.
State of the Industry
RCom In Talks Over Enterprise Telecoms Sale
RCom, the heavily indebted company controlled by Indian tycoon Anil Ambani, is in talks over a sale of its business communications assets that could end its 15-year involvement in India’s telecoms sector.
RCom Could Exit India Following Asset Sale
Two of the people said that five companies had expressed interest in buying RCom’s remaining telecoms assets in a sale that could raise about $1.2bn.