DUE DILIGENCE: Keeping the Project on Track By Kristian Nielsen March 30,2021 Introduction Due Diligence - The investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract with another party or an act with a certain standard of care. (Wikipedia) Due diligence [...]
The Man History Forgot (Part 5) By Stewart Ash and Bill Burns March 30, 2021 As we explained in January, new funding was required to keep the dream of an Atlantic cable alive, and perhaps in part because of the adverse publicity of the 1865 failure, securing British investment was once again proving difficult. Also, [...]
Fiber Technology For Subsea Networks Today vs. Tomorrow By Sergei Makovejs and John Hedgpeth March 26, 2021 Today’s Submarine Fiber Outlook: The subsea fiber and cable market continues to show strong demand, and multiple tens of new subsea projects are expected over the next few years, with a substantial portion of them representing long-haul routes. [...]
The Impact Of Beautiful Data By Kieran Clark March 25, 2021 What is Beautiful Data? Beautiful Data is the idea that information should be presented in both a useful and visually pleasing manner. Additionally, this information should strive to be dynamic in nature as much as possible since these days static data becomes useless data [...]
To Lay Or Not To Lay A Submarine Cable In Canada By Jean-François Bilodeau March 25, 2021 Undersea fibre optic cables represent one of the most cost-efficient and reliable mechanisms to build high-speed telecommunications services to the population separated by large bodies of water. The installation or repair of subsea cables in Canada requires particular [...]
So You Want To Lay A Cable? Going from Proposal to Permitted A Fable By Stephen Nielsen March 23, 2021 I had a bit of a windfall lately. A new, previously absolutely untapped market to the submarine cable industry became open to the possibility of a new cable route in the Atlantic Ocean; the lost [...]
Update On The Current State of Lease Accounting For Financial Reporting Purposes By William Redpath March 23, 2021 The portion of United States financial accounting standards that involves lease accounting has recently undergone major changes. Right-of-use leases, including IRUs (Indefeasible Rights of Use), are important assets to telecommunications companies, including those involved with submarine cables [...]
Pipeline Crossing Agreements: Lessons Learned By Mike Conradi, Christian Keogh, and Coran Darling March 22, 2021 In January of this year, DLA Piper concluded pipeline crossing agreements with two natural gas pipeline owners on behalf of our clients, a submarine cable owner, and a submarine cable operator. Any submarine cable owner or operator who has [...]
Blast From The Past A “Non-Technical” Perspective on the First Trans-Atlantic Submarine Cable Cyrus Field, picture from the book “The Atlantic Telegraph” (1865) By Chris van Zinnicq Bergmann March 22, 2021 A 170 years ago, the world’s first working submarine telegraph cable was laid across the English Channel, followed by cables from England [...]
In Conversation With Bermuda’s Regulatory Authority By Fiona Beck and Denton Williams March 19, 2021 New and innovative legislation to further develop and enhance Bermuda’s offering for the submarine cable industry was passed by the government last year. The Submarine Communications Cable Act 2020 (the Act) provides a regulatory framework for the installation, maintenance, and [...]