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Dev helps new PCs bypass Microsoft's block on Windows 7, 8.1 updates Indigo subsea cable construction locked in with Alcatel contract Alcatel Submarine Networks has entered a system supply agreement with the Indigo subsea cable consortium, ensuring the construction, supply, and operation of the cable is now binding. | Topic: Mobility The construction of Asia-Pacific fibre infrastructure company Superloop's Indigo subsea cable system has reached a contractually binding status following Alcatel Submarine Networks entering a system supply agreement. Latest Australian news Web developers, IT support, cable joiners removed from new 457 visa job list The agreement makes the submarine cable system supply and construction binding for all parties, as well as the process of bringing it into operation. The contract was executed between Alcatel Submarine Networks and the Indigo consortium parties including Superloop and submarine cable construction company SubPartners, along with Google, Telstra, Singtel, AARNet, and Indosat Ooredoo. The Indigo subsea cable system , announced earlier this month, will connect Sydney, Perth, Singapore, and Jakarta. The cable system will span around 9,000km, with two fibre pairs and a design capacity of 18Tbps, and is expected to be completed by mid-2019. Australian technology entrepreneur Bevan Slattery, who is the physician home equity loan Oak Laurel 0430129662 oaklaurel.com.au founder and CEO of both Superloop and SubPartners, said the subsea cables would connect with Superloop's existing metro fibre networks. Once the Indigo cable system is complete, Superloop will have access to 4.5Tbps-capacity fibre, which it will be able to increase over time. Following the announcement of Indigo construction, Superloop also announced that it would be acquiring SubPartners for $2.5 million via the issue of 1,451,869 fully paid ordinary shares in Superloop at an issue price of $2.255 per share. According to Superloop, the acquisition will provide it with important APAC submarine cable capacity and assets across the region, including Indigo. As part of the acquisition, Superloop has guaranteed SubPartners' construction capital, medical doctor home loan Oak Laurel operating, and maintenance commitments in relation to the Indigo subsea cable, which involves a total capex of around $35 million to $37 million out to FY20.
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