PLDT Invests P7 Billion for JUPITER Trans-Pacific Cable

PLDT Invests P7 Billion for New Trans-Pacific Cable to US, Japan By Ted Cordero, GMA News October 23, 2019 Telecommunications giant PLDT Inc. is investing $136.7 million or P7 billion in a trans-Pacific cable system linking to the US and Japan. In a statement on Wednesday, PLDT said the telco has finalized the technical and [...]

2019-10-23T10:29:55-04:00October 23rd, 2019|Categories: Future Systems|Tags: , , , , , , , , , , , , |

Converge ICT Gets $250-M From US Equity Firm

Converge ICT Gets $250-M Investment From US Equity Firm Warburg Pincus By GMA News Online September 24, 2019 Fiber internet service provider Converge ICT has received a $250-million investment from US-based private equity Warburg Pincus to finance a nationwide expansion. The investment of roughly P12.8 billion finance Converge ICT’s roll out of more fiber connection [...]

2019-09-24T10:09:53-04:00September 24th, 2019|Categories: State of the Industry|Tags: , , , , , , , , |

Quintillion Partners with APTelecom in Asia and the US

Quintillion Partners with APTelecom in Asia and the US Quintillion Press Release September 12, 2019 ANCHORAGE, Alaska /PRNewswire/ -- Quintillion Networks, headquartered in Anchorage, AK, is pleased to announce their partnership with APTelecom to expand their reach to the global market via a transpacific fiber optic network, serving North America and Asia. As existing transpacific [...]

2019-09-12T14:57:45-04:00September 12th, 2019|Categories: State of the Industry|Tags: , , , , , |

China-US Submarine Cables to Be Recovered

China-US Submarine Cables to Be Recovered By The World Link September 10, 2019 BANDON - The China-US submarine cables off Whiskey Run, just south of Cape Arago, are scheduled to be recovered this month by Mertech Marine, a global cable submarine telecommunication cable recycling company based in South Africa. Work was set to begin sometime [...]

US DoJ Opposes Google’s Undersea Cable from China

Justice Department Opposes Google's Undersea Cable From China By Chris Strohm and Todd Shields, Bloomberg August 28, 2019 The Justice Department is opposing a bid by Google, Facebook Inc. and a Chinese entity to complete an undersea internet cable between the U.S. and Hong Kong, raising national security concerns for the project that runs out [...]

2019-08-30T14:20:07-04:00August 30th, 2019|Categories: Future Systems|Tags: , , , , , , |

US, China Submarine Cable Row Worries DICT

US-China Submarine Cable Row Worries DICT By Miguel R. Camus, Inquirer August 30, 2019 The government’s plan to provide fast and inexpensive internet to millions of Filipinos is under threat after a report saying the United States may block a massive US-China submarine cable that will have branches in the Philippines emerged. The Department of [...]

Aqua Comms Continues Investment, Joins HAVFRUE

Aqua Comms Press Release January 15, 2018 DUBLIN, Ireland – Aqua Comms DAC (“Aqua Comms”), the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, announces today its plans for continued investment in submarine cable infrastructure having joined the HAVFRUE consortium which will own and operate a new subsea cable [...]

2018-01-15T14:37:13-05:00January 15th, 2018|Categories: Future Systems|Tags: , , , , , , , , , , |