All Stories

H.I.G. Capital Acquires Assets of Subsea Fiber Equipment Maker Xtera

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.

Caley Introduces Linear Cable Engine for Telecom Cable Lay

Caley Ocean Systems, part of the Seanamic Group, has developed a high speed linear cable engine (LCE) for telecom cable laying. Operating at speeds up to 10 knots, the fully containerized Caley LCE provides complete control of deployment of telecom cable and repeaters.

Four Ships Commission Popular Cable Laying Software

In the last few months, the submarine cable industry’s #1 cable installation software, MakaiLay, has been commissioned on four cable laying vessels around the world. KT Submarine (KTS, Korea) recently completed a challenging installation with one of their cable laying vessels, Segero.

IFCS, Tiger Infrastructure to Build Ireland-France Cable

Ireland-France Subsea Cable Limited (IFSC) announced a partnership with Tiger Infrastructure Partners to finance and construct IFC-1, a submarine fiber-optic cable system that will be the first and only direct subsea cable between Ireland and France.

Tototheo Group Commits over 1,500 Vessels to Fleet Xpress

Satlink Satellite Communications Ltd, a member of The Tototheo Group, has entered into a new agreement with Inmarsat to integrate Fleet Xpress into Satlink’s existing service portfolio. Through the agreement, Satlink will bring more than 1,500 vessels to the Fleet Xpress service over a five-year period.

Groundbreaking Held for Samoa Cable Landing Station

The groundbreaking ceremony for the Samoa Submarine Cable Company’s (SSCC) landing station for the Tui Samoa Submarine Cable took place at the Samoa College Hostel Compound, Vaivase, on February 6.

TSC and OSI Comment on Asia Pacific Network Development

Remote island markets in the South and Central Pacific are being connected to the global submarine cable network at an increasing pace. This paper looks at the reasons behind this development and what the future holds.

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