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10 January 2013
| Guy Matthews
A major subsea cable project sunk without a trace in 2012, raising the question: is there about to be a subsea construction lull? Guy Matthews investigates.
Submarine cable venture Pacific Fibre was formed at the
beginning of 2010 with the aim of building a new network
between Australia, New Zealand and the United States.
Its backers claimed the cable had every chance of success,
offering much needed diversity on an increasingly important
route dominated by ageing infrastructure.
The 5.12Tbps, 13,000km cable was scheduled to be ready in
2013, connecting the three countries and offering five times
the capacity of the Southern Cross cable system.
The venture has now folded, not because its basic aims were
flawed or unrealistic, but because it was simply unable to
attract enough funding to make the project happen.
The failure of Pacific Fibre does not suddenly bring
intercontinental cable building to a hard stop. Other major
projects around the world are going ahead, even if not quite at
the rate of the last few golden years that have seen...
France’s Alcatel-Lucent has repaid in full, a $1.75 billion loan that was secured with group’s patents on January 30, 2013.
Deutsche Telekom is contemplating the acquisition of smaller cable operators, according to local reports.
French vendor Alcatel-Lucent has partnered with service provider Pioneer Cellular to deploy a 4G LTE overlay network in the states of Oklahoma and Kansas in Midwestern US.
A consortium of six companies are to invest $300 million in a new trans-Pacific cable linking the west coast of the US to two landing stations in Japan.
Time Warner Cable (TWC) has selected solutions provider Synchronoss for the delivery of its Integrated Life Platform, designed to provide better service quality for home automation customers.
French vendor Alcatel-Lucent is reportedly planning to sell off part of its submarine cable unit in an IPO, in the company’s latest bid to turn around its fortunes.