Telstra will purchase a 25 per cent stake in Southern Cross Cable Network (SCCN), joining existing shareholders Spark New Zealand, Optus’ parent company Singtel and Verizon Business.
A survey of around 15,000 kilometres of seabed has found a faster route for the Southern Cross NEXT cable project, which will connect Sydney, Auckland, and Los Angeles.
Vocus Communications (ASX: VOC) is set to purchase additional capacity on the Southern Cross Cable Network (SCCN) for US$58.5 million (A$78.7 million).
Southern Cross Cable Network (SCCN) has implemented Ciena’s 100G transmission equipment across its submarine network to meet demands for data networking services.