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, and SEACOM announced today the deployment of the Infinera DTN-X platform across SEACOM’s terrestrial network providing services to the African continent.
The Infinera Intelligent Transport Network, featuring the DTN-X packet optical transport networking platform, enables SEACOM to differentiate its services and manage costs as it scales network capabilities.
SEACOM owns and operates a high-capacity international network consisting of multiple submarine cable systems connecting Africa to Europe, Asia and the Middle East. SEACOM’s submarine and terrestrial networks, stretching across 17,000 km, enable connectivity solutions that give carriers, network operators, and service providers the ability to expand and grow their operations across Africa and beyond.
Infinera provides SEACOM with an Intelligent Transport Network featuring the industry’s only commercially available single-card 500 gigabit per second (Gb/s) FlexCoherent super-channel solution, which is based on Infinera’s widely deployed photonic integrated circuits.
These 500Gb/s super-channels enable SEACOM to scale to terabits of transmission capacity, integrating DWDM optical transmission in a single platform that is capable of supporting up to 12 terabits per second of non-blocking OTN switching as their traffic requirements grow in the future. Infinera’s intelligent software, combined with this converged platform, automates network operations to reduce both operational cost and service delivery times. The Infinera DTN-X is designed to scale without compromise and to enable future upgrades to single-card terabit super-channels.
“The need for bandwidth in Africa is growing substantially and SEACOM’s network is ready to address this increase in demand for our customers,” said Claes Segelberg, CTO at SEACOM. “The Infinera Intelligent Transport Network enables SEACOM to offer 100 Gb/s services and provides us with the ability to offer higher speed services to accommodate existing customers and attract new customers.”
“SEACOM’s deployment of an Infinera Intelligent Transport Network solution substantially increases the capacity available for Internet and global communications services as the company addresses the growing need for bandwidth in Africa,” said Chris Champion, senior vice president, EMEA sales.