Espoo, Finland – Nokia today announces that it has concluded the sale of Alcatel Submarine Networks (ASN), a leading submarine networks business, to the French State, represented by the Agence ...

The transaction is worth €350 million ($375 million) and will see France initially purchase an 80 percent stake in Alcatel Submarine Networks (ASN), with Nokia retaining a 20 percent stake ...

The existing prohibition on deploying Huawei equipment in EU 4G/5G networks “could be extended to submarine cables”, reads ...

Last week, Sparkle reiterated the concerns that several telcos and subsea cable companies have around protecting subsea cable ...

New Zealand is currently connected to seven subsea cables. Three of these - Aqualink, Cook Strait, Nelson-Levin - are ...

Presentation of Submarine Networks business as discontinued operation On 27 June 2024, Nokia announced it had entered into a put option agreement to sell Alcatel Submarine Networks (ASN ...

The vendor agreed a put option covering Alcatel Submarine Networks (ASN) with the view of divesting its holding for an enterprise value of €350 million. Nokia noted it is yet to discuss the move with ...

Southern Cross, Alcatel Submarine Networks and OMS Group have signed the SX Tasman Express “SX-TX” subsea supply contract, ...

A coalition of partners have signed-up to use the SX Tasman Express (SX-TX) subsea cable, which will laid between Sydney and ...