Hibernia Networks has halted all work on its flagship $300 million transatlantic cable, the Hibernian Express, after becoming embroiled in mounting tensions between the US and China over cyber security.
The company was forced to suspend all work on the project,
the first attempt to lay a cable across the Atlantic in more
than a decade, after key US carriers gave warning that they
would not be able to use the proposed network for fear of
risking the loss of lucrative contracts with US
federal government agencies.
The delay marks the first big casualty in the escalating row
between the US and China over alleged links between Chinese
equipment makers and the country's secret services. The
development also highlights the growing determination of US
authorities to blacklist Chinese equipment makers from new
infrastructure projects that could affect the integrity of US
Mike Saunders, vice president of business development at
Hibernia, told Capacity that the crisis would...
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