The Government of Samoa, the Asian Development Bank (ADB), the World Bank, and the Government of Australia launched the Savai’i component of the new $57.4 million submarine cable system, which will deliver affordable high-speed Internet access to Samoa.
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Inmarsat has signed a service and installation agreement with Radio Holland to support strong customer demand for rapid migration from Ku-based XpressLink to Fleet Xpress services. Radio Holland is a specialist in installing and maintaining maritime communications, navigation and automation systems along the global shipping routes.
H.I.G. Capital, a leading global private equity investment firm with over €20 billion of equity capital under management, announced that it has acquired substantially all the assets of Xtera Communications, Inc., a provider of innovative and bespoke subsea fiber optic solutions. H.I.G. previously provided debtor-in-possession financing to the Xtera debtors in connection with the chapter 11 case.
SpeedCast International is the first Inmarsat partner to integrate the software element of the Fleet Xpress Network Service Device (SoftNSD) into its Fleet Xpress offering.
Prysmian, world leader in the energy and telecom cable industry, has been awarded a contract worth more than € 300 million with Réseau de Transport d'Électricité (RTE) to develop submarine cable links to connect three planned offshore wind farms to the mainland power grid in France.
Marlink has signed an agreement to enter into a joint venture with the satellite connectivity business of Greece and Cyprus based TNL Group, enabling it to launch a brand new maritime satellite communications expert, Marlink CG.