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Cinia and MegaFon have signed a memorandum of understanding to form a joint venture by the end of the fourth quarter of 2019 to prepare for the deployment of submarine cable systems
in the Arctic Ocean.
The planned network infrastructure will connect coastal areas
in Europe, Russia, Japan and North America.
With a total length of 10,000 km, it aims to provide "the lowest delayed route between Europe and North Asia"
.
Ari-Jussi Knaapila, CEO of Cinia, said: "The Northern Fiber Cable System will contribute to the socio-economic development
of the Arctic region.
The system is an environmentally sustainable way to promote global, regional and local economic development
.
At the same time, the cable will connect three continents and cover about 85% of the world's population
.
”
Cinia and MegaFon have signed a memorandum of understanding to form a joint venture by the end of the fourth quarter of 2019 to prepare for the deployment of submarine cable systems
in the Arctic Ocean.
The planned network infrastructure will connect coastal areas
in Europe, Russia, Japan and North America.
With a total length of 10,000 km, it aims to provide "the lowest delayed route between Europe and North Asia"
.
Ari-Jussi Knaapila, CEO of Cinia, said: "The Northern Fiber Cable System will contribute to the socio-economic development
of the Arctic region.
The system is an environmentally sustainable way to promote global, regional and local economic development
.
At the same time, the cable will connect three continents and cover about 85% of the world's population
.
”
