News from around the submarine telecoms industry.News From Around The World Of Submarine Telecoms For The Week Of March 26-30

Cable Faults & Maintenance

Tasmanian Govt Seeking AU$122m For Basslink Outage
The Tasmanian government has announced that it is seeking AU$122 million in compensatory damages from Basslink under a notice of dispute it lodged this week following a months-long telecommunications and energy submarine cable outage.

Future Systems

Vocus Kicks Off Subsea Cable Laying For ASC
Vocus has announced that cable laying has begun on the ASC (Australia-Singapore Cable) project, with the larger portion of the submarine cable system expected to be laid by April 20.

REANNZ Awards Hawaiki Cable Backhaul Contracts
REANNZ has selected Vodafone and Chorus to provide fibre backhaul services to connect its backbone national research and education network to the Hawaiki Submarine Cable Landing Station, located at Mangawhai Heads in Northland.

State of the Industry

Telecom Egypt Cuts Dividend For Submarine Cable Investment
Telecom Egypt announced that in light of a new investment opportunity in the submarine cable industry, the board determined to reduce the earlier proposed dividend for FY 2017 to EGP 0.25 from EGP 1 per share.

2018-03-30T15:20:26+00:00March 30th, 2018|Categories: Weekly Wrap-Up|