By Reuters Staff Writer December 25, 2020 SYDNEY, (Reuters) – Prominent U.S. lawmakers warned a Pacific ally that China risked undermining the security of a sensitive undersea cable project if a cut-price, state-backed bid wins a tender process overseen by development agencies, a letter reviewed by Reuters shows. A Chinese foreign ministry spokesman today rejected [...]
Maldives to Replace Outdated Submarine Cable: Govt By Ahmed Aiham, The Edition June 7, 2020 Minister of Communications, Science and Technology Mohamed Maleeh Jamal on Saturday, noted that the Submarine Communication Cable between Maldives and India had become outdated and would be renewed by the end of 2020. According to a tweet by the minister, [...]
U.S.-Japan Dueling China for Influence in Indo-Pacific Region By The Asahi Shimbun June 1, 2020 On a weekday afternoon, the square in front of the Kenya National Archives in the capital of Nairobi is teeming with people waiting for buses, young couples out on dates and others getting off work. Looming a few meters overhead, mushroom-like [...]
HMN Kicks off Senegal Horn of Africa Regional Express Cable HMN Press Release April 29, 2020 Tianjin - Huawei Marine Networks (HMN) today announced the kick-off of Senegal Horn of Africa Regional Express (SHARE) Cable. The system, as the first high-capacity direct link from the African continent to the offshore islands of Cape Verde, is [...]
New International Submarine Cable Connects Maldives to Sri Lanka Huawei Marine Press Release February 17, 2020 Huawei Marine Networks (HMN) is pleased to announce the contract to construct a new submarine cable project, the Maldives Sri Lanka Cable system (MSC). The system will facilitate a direct connection between the Maldives and Sri Lanka increasing regional [...]
Hengtong Set to Shape the Global Subsea Market By Robert Clark, Light Reading January 24, 2020 The small but increasingly sensitive subsea cable market could be in for some choppy waters. The acquisition of Huawei's submarine business by another Chinese vendor, Hengtong Optic-Electric, could shake up the market, forecast to be worth $5.1 billion in [...]
Hengtong to Buy Huawei Marine Networks By Stephen Hardy, Lightwave November 4, 2019 HC2 Holdings, Inc. (NYSE: HCHC) says its Marine Services Segment, Global Marine Group (GMG), has agreed to sell its 49% stake in Huawei Marine Networks Co., Ltd. to Hengtong Optic-Electric Co Ltd. for approximately $140 million. HC2 also stated that Hengtong has [...]
HC2's Marine Services Segment Announces Sale of Huawei Marine Networks Joint Venture HC2 Press Release October 30, 2019 - Sale pegs HMN equity value at $285 million - Global Marine Group’s 49% interest valued at $140 million - HC2 continues to advance strategic alternatives for Global Marine subsidiary NEW YORK, Oct. 30, 2019 -- HC2 [...]
Huawei Wants to Build First Fiber-Optic Cable Between South America and Asia By Natalia A. Ramos Miranda, Reuters August 28, 2019 Huawei Technologies Co Ltd said on Wednesday it was “very actively” interested in building the first undersea fiber-optic cable between South America and Asia. David Dou Yong, Huawei’s chief executive in Chile, told Reuters [...]
Huawei Marine Networks Sets Record on 200G Unrepeatered System Transmit of 620.9km Huawei Marine Press Release August 19, 2019 Tianjin, China - Huawei Marine Networks (HMN) has successfully achieved the longest ever 200G unrepeatered transmission trial over distance of 620.9km. This achievement replicates HMN’s previous success in 100G unrepeatered transmission which saw in excess of [...]