A new entrant in the submarine telecommunications market has been created with the announcement today that Huawei T...
December 11, 2007
A new entrant in the submarine telecommunications market has been created with the announcement today that Huawei Technologies Co., Ltd. and Global Marine Systems have committed to launching Huawei Submarine Networks Ltd.
A signing ceremony held this week in London commits both companies to launch the entity in early 2008.
Huawei Submarine is the culmination of the Memorandum of Understanding signed by both parties in March
“Huawei Submarine Networks is a major focus for both companies and introduces a competitive new entrant into the submarine telecommunication market,” said Gabriel Ruhan, CEO of Global Marine Systems.
“The continuing growth of the regional and long haul market has persuaded us that a credible, innovative, new company is needed by telecoms providers.”