Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Infinera, provider of Intelligent Transport Networks, announced Monday the successful deployment of the Infinera DTN-X platform across Middle East and North Africa (MENA) Submarine Cable System’s trans-Egypt terrestrial network, providing multi-terabit capacity and offering network services available for customers. The Infinera Intelligent Transport Network, featuring the DTN-X packet optical transport networking platform, will allow MENA to differentiate its services and manage costs as it scales network capacity.
MENA, a subsidiary of Orascom Telecom Media and Technology, owns and operates a submarine telecommunications system connecting Europe to the Middle East and Southeast Asia. Spanning three continents, MENA’s infrastructure provides wholesale capacity to global networks via Asia and the Middle East. With the deployment of an Infinera Intelligent Transport Network, MENA is equipped to provide wholesale carriers with a range of connectivity services from STM-1 to 100 gigabit per second (Gb/s) and terabit capacity.
MENA selected the Infinera Intelligent Transport Network, which features the industry’s only commercially available single-card 500 Gb/s FlexCoherent™ super-channel solution and is based on Infinera’s widely deployed photonic integrated circuits. By integrating DWDM optical transmission and up to 12 terabits per second of non-blocking OTN switching into a single platform, these 500 Gb/s super-channels provide network operators the ability to easily scale to terabits of transmission capacity. Infinera’s intelligent software, combined with this converged platform, automates network operations with the intent of reducing both operational cost and service delivery times. The Infinera DTN-X is designed to scale without compromise and is engineered to enable future upgrades to single-card terabit super-channels.
“We deployed the Infinera Intelligent Transport Network on this crucial phase of our network because we were looking for a solution with features that meet MENA’s standards of highly reliable and advanced networks solutions,” said Ahmed Khalaf, managing director of MENA. “The solution’s OTN switching capability provides the ability to offer our customers terabit capacity immediately upon deployment and the scalability realized from this network enables MENA to use time as a weapon to offer wholesale customers top-notch services.”
“We are delighted MENA has deployed Infinera solutions for this terrestrial upgrade to their network,” said Chris Champion, Infinera’s senior vice president, EMEA sales. “The Infinera Intelligent Transport Network solution allows global companies like MENA to compete in their markets. This network deployment enables MENA to provide alternative wholesale international capacity in its markets and supports the growth of the Middle East economy with network scale and efficiency.”