Alcatel-Lucent Boasts Subsea Deals News Wire

New Post Public Reply Private Reply Replies (1) Message Board
Hightech

Alcatel-Lucent Boasts Subsea Deals

Light Reading
News Wire Feed
Light Reading
1/22/2014
50%
50%

PARIS -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) is to upgrade the EASSy submarine cable system, one of the largest and most modern systems serving Africa, with the deployment of the latest 100 gigabit-per-second (Gbit/s) technology.

Alcatel-Lucent‘s 100G technology will enable the system to ultimately carry capacity in excess of 10Tbit/s, further complementing its ability to carry high volumes of data capacity on the EASSy system, which runs 10,000km from South Africa to Sudan, in support of the continued explosion of data traffic in Africa. Alcatel-Lucent will leverage its unmatched experience of deployments around Africa to provide this upgrade within EASSy’s requested timeframe.

EASSy is owned and operated by a group of 17 African and international shareholders - all telecommunications operators and service providers. The system is implemented in a protected ring configuration linking eight countries from Sudan to South Africa, via Djibouti, Kenya, Tanzania, Madagascar, Comores and Mozambique. Landings are located in Port Sudan, Djibouti (Djibouti), Mombasa (Kenya), Dar Es Salaam (Tanzania), Moroni (Comores), Toliary (Madagascar), Maputo (Mozambique) and Mtunzini (South Africa). The system also addresses a wide range of international destinations through interconnection with multiple international submarine cable networks for diverse, seamless onward connectivity to Europe, the Americas, the Middle East and Asia.

Chris Wood, Chairman of the EASSy Management Committee said: “Since EASSy entered service in 2010, we have seen enormous growth in demand for capacity on the system, reflecting the service quality and reliability that we have been able to offer. This upgrade will add an additional 400Gbps of capacity throughout the system, using Alcatel-Lucent’s advanced coherent 100Gbit/s technology, and enables us to take a further step in offering our customers the ultra-broadband capacity needed for innovative services and applications.”

In a separate release:

HONOLULU, Hawaii --Interchange Limited, a Vanuatu-based company, is expanding its undersea infrastructure with a new cable system spanning more than 3000km that will link the Pacific islands of Vanuatu, the Solomons and Papua New Guinea). The new system will use Alcatel-Lucent’s submarine technology to deliver ultra-broadband access capability, to underpin the creation of an enabling environment for sustainable economic and social growth.

The new system will connect Port Vila, Vanuatu, to Port Moresby, PNG, with branches to Luganville, Vanuatu, and Honiara in the Solomon islands. Initially operating at 40 gigabit-per-second (Gbit/s) speeds and offering an ultimate design capacity of 1.2 terabit-per-seconds, the system will increase Internet speeds for new and existing service providers to support the deployment of applications for e-healthcare, e-education, Government communications and tourism while further strengthening Vanuatu’s competitive position as an e-business hub.

Simon Fletcher, CEO of Interchange, said: ”Fast and easy connections to everything and all the time is a critical demand whether it comes from video entertainment, cloud-based business applications or access to more basic health care applications from remote areas. With the help of Alcatel-Lucent’s submarine technology, this new undersea cable system further help remove the current dependence on satellite and further encourage the introduction of new services and applications affordably available to everyone. Interchange is committed to a better future for Melanesia by offering nation-building telecommunications technologies and infrastructure to communities throughout the entire region.”

Digital Uts Ventures (DUTV) Stock Research Links

DUTV Board Company Profile Buy Rating Time & Sales News Filings Financials
"The only way of discovering the limits of the possible is to venture a little way past them into the impossible."
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Utopia Bagels Honored at 2026 New York BagelFest

Updated Category News Views 125

From Queens Streets to Global Fame Try to picture this: a small neighborhood shop where the scent of freshly baked bagels wafts through, bringing together old friends and new generations. Now, take that local magic and multiply it by a global stage. That's the journey Utopia Bagels from Queens stepped into with massive strides over 45 years, earning a celebrated spot in...

Continue Reading
Ambient AI Shows Promise for Boosting Cancer Care Efficiency

Updated Category News Views 171

Study Points to Ambient AI's Promise in Oncology Some days, the world of cancer care is a real beast to tackle. But today, we've got a glimpse into how technology, and specifically ambient AI, might just help slay some of the burdens that these healthcare warriors face daily. The Florida Cancer Specialists & Research Institute (FCS) joined hands to dive into how this tech...

Continue Reading
Temu Partners with Recyclia to Drive EPR Compliance Boost

Updated Category News Views 170

Temu and Recyclia: Building a Sustainable Marketplace Get this: Temu, the e-commerce giant you've heard trumpeting about affordable goods like some digital bazaar, is diving deeper into sustainability waters with a partner that knows a thing or two about waste. This time, they've linked up with Recyclia over in Spain. The duo's focus? Helping marketplace sellers meet the...

Continue Reading
AI Deepfakes Met Their Match: IC-Corp's New Patent

Updated Category News Views 86

The Deepfake Fraud Reality Slap You know, in a world where you can't trust your own eyes on a video call, trust gets a bit sketchy, right? Imagine this scenario—an unsuspecting finance employee, surrounded by familiar faces and voices, only to wind up sending $25.6 million to fraudsters who weren't even real. A chilling real-world example from January 2024, courtesy of...

Continue Reading
Gildan's Troubling Legal Struggles: Investor Action Alert

Updated Category News Views 44

Gildan's Bumpy Ride: Legal Woes Unfold Well, folks, seems like Gildan Activewear Inc. (NYSE:GIL) is in for a bumpy ride, and not the kind that makes you feel alive, I tell ya. They've been slapped with a class action lawsuit, and the news ain't pretty. Accusations are flying hot about how they've been playing fast and loose with their financials. The Allegations: Channel...

Continue Reading
Elbit Systems Lands $200M APAC ISTAR Contracts

Updated Category News Views 100

Elbit Systems Secures Major Asia-Pacific Deal You know, it's not every day that a defense contractor like Elbit Systems (NASDAQ:ESLT) bags a $200 million deal in the Asia-Pacific region. A big move in a high-stakes game where technology, strategy, and geography collide. This isn't some random supply deal; this involves the cutting edge of defense tech—ISTAR and training...

Continue Reading
Avoid Costly Insurance Pitfalls: First-Time Homeowner Tips

Updated Category News Views 61

The Missteps of Inexperience You'd think buying a house would make folks pay attention to every stitch and nail, but oddly enough, many first-time homeowners trip over the one thing that's supposed to protect their investment—insurance. It's easy to get off on the wrong foot if you're only eyeing that bottom-line premium figure, missing the forest for the trees. Why...

Continue Reading
Fair Play in Focus: SYNA, CSR, VCTR, EFSI Deals Scrutinized

Updated Category News Views 94

The Corporate Buzz: Deals Under the Microscope Riding the rollercoaster of mergers and acquisitions ain't new in the stock market realm. But when the stakes seem one-sided, alarms start ringing. Halper Sadeh LLC, a firm that cuts its teeth on this kind of corporate sleuthing, is all hands on deck probing a slew of big deals involving Synaptics (NASDAQ:SYNA), Centerspace...

Continue Reading
Humberto Quintanar Strengthens McKinley Irvin's Seattle Team

Updated Category News Views 21

Humberto Quintanar Makes His Move In a world where legal battles can shake lives to the core, McKinley Irvin is throwing another heavyweight into the ring. They’ve just pulled in Humberto Quintanar, a guy who knows his way around a courtroom like a cabbie knows a city's backstreets. This isn't just another seat-fillin' lawyer; Quintanar packs years of experience as a...

Continue Reading
Ademi LLP Questions RRC Buyout Deal's Fairness

Updated Category News Views 111

Unease Surrounds RRC's Potential Acquisition by EQT Let’s talk about a messy situation brewing with Range Resources Corporation (NYSE: RRC). The lawyers at Ademi LLP are poking around in the shadows of a proposed buyout by EQT Corporation, questioning whether the deal is legit—or if someone’s getting the short end of the stick. It’s all happening in a climate...

Continue Reading

Top 5 Most Recently Viewed Articles

Heartland Express Announces 90th Dividend Distribution Milestone

Updated Category News Views 81

Heartland Express Declares Regular Quarterly Dividend The Board of Directors of Heartland Express, Inc. (NASDAQ: HTLD) has made a significant announcement regarding its regular quarterly cash dividend. This dividend, amounting to $0.02 per share, reflects the company’s commitment to returning value to its shareholders. Scheduled for payment on January 7, 2026, the...

Continue Reading
Neuroscience Market Growth Forecast: $50.2 Billion by 2032

Updated Category News Views 112

Neuroscience Market Growth Insights The neuroscience market is witnessing remarkable expansion, reflecting a broader understanding and heightened awareness of neurological health. Current reports suggest that the market size was valued at approximately USD 35.3 billion, with projections indicating it will escalate to USD 50.2 billion by 2032. This growth corresponds to a...

Continue Reading
Impact of Long-Term Investment in Nike on Wealth Growth

Updated Category News Views 298

The Evolution of Nike Investments Over 20 Years Nike (NKE) has demonstrated outstanding financial performance over the last two decades, delivering an annualized return that outstrips the market by 1.56%. This remarkable growth has led to an impressive average annual return of 10.05% for investors. As it stands, Nike boasts a staggering market capitalization of $110.34...

Continue Reading
C2N Innovations Funded to Enhance Alzheimer’s Testing Capabilities

Updated Category News Views 198

C2N Diagnostics Secures Major Funding for Alzheimer’s Testing Innovations C2N Diagnostics, a frontrunner in the diagnostics industry, has successfully obtained crucial funding aimed at transforming Alzheimer’s disease testing. This initiative is focused on empowering local clinical laboratories to provide precise and automated mass spectrometry solutions, ultimately...

Continue Reading
Goldman Sachs Gr: Uncovering the Rising Options Market Trends

Updated Category News Views 311

Goldman Sachs Gr: Analyzing the Surge in Options Activity In recent times, investors have shifted towards a bullish stance regarding Goldman Sachs Gr (NYSE: GS), a trend that demands the attention of market observers. Recent data reveals a significant increase in options activity related to GS, which may indicate potential movements in the stock price. The identities of...

Continue Reading