Baltcom outlines future goals as it rebrands

Australasian trade publication CommsDay has reported that Chinese-backed consortium Axin Ltd is set to deploy a submarine cable worth USD100 million between Auckland, New Zealand and Sydney, Australia. When deployed, the cable will compete with the existing Southern Cross Cable, as well as the planned Pacific Fibre cable to route trans-Tasman internet traffic. The project is a joint venture (JV) between Axin – an affiliate of Shanghai Communications Services, itself a 51%-owned subsidiary of China Telecom – and Huawei Marine [More]

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