Huawei Marine to build new Maldives to Sri Lanka subsea cable
Huawei Marine Networks (HMN) has been awarded the contract to build a new subsea cable called the Maldives Sri Lanka Cable system (MSC).
Once live, the new system will create a direct connection between the Maldives and Sri Lanka increasing regional capacity and route diversity.
Comprised of a consortium which includes Ooredoo Maldives, Dhivehi Raajjeyge Gulhun Pand Dialog Axiata, the 130km system will feature four fibre pairs as well as high-output titanium housing repeaters.
“We are pleased to be working again with our partners to deliver fast, reliable telecommunications infrastructure to further promote economic development and satisfy the growing demand for connectivity in this important region,” said Mike Constable, Huawei Marine’s chief executive.
According to the company, the project represents another milestone in the development of the region’s digital economy and delivering a number of opportunities for local communities in both the Maldives and Sri Lanka.
With an RFS date of year-end 2020, it has a delivery period of less than 11 months.
At the end of 2019, HC2 Holdings confirmed that its marine services division, Global Marine Group had agreed a sale of its stake in Huawei Marine Networks.
At present, HC2 holds 49% of the joint venture with Huawei Technologies and will sell to Hengtong Optic-Electric Co for approximately $140 million, based on Huawei Marine Networks’ total value of $285 million. The deal is expected to close sometime this quarter.