PR Archives:  LatestBy Company By Date


Press Release -- August 21st, 2020
Source: nec
Tags:

OLL and NEC Launch MIST Cable System Construction

– More than 216Tbps capacity to serve bandwidth growth in Asia –

Tokyo & Singapore, August 21, 2020 – Orient Link Pte. Ltd. (OLL) and NEC Corporation (NEC) announced that they have signed an agreement to build the MIST Cable System (MIST). MIST will directly connect Singapore, Malaysia, Myanmar, Thailand and India (Mumbai and Chennai) and deliver a design capacity of more than 216 terabits per second (Tbps). Construction of the nearly 8,100-kilometer optical submarine cable is targeted to be completed by the third quarter of FY2022.

The Asia region has experienced accelerated digital investment driven by data center growth, the proliferation of mobile, 5G services and business expansion of digital platforms, such as SNS, e-commerce and cloud services for enterprises. These advancements have contributed to an increasing amount of data traffic across submarine cables. MIST will further enhance and contribute to the much-needed expansion of communications networks from Asia, thereby improving network redundancy, ensuring highly reliable communications and expanding onward connectivity options in the Bay of Bengal.

“Globally, India and Southeast Asia are among the world’s fastest-growing economies. I am very pleased to announce the launch of MIST, providing a truly connected India to our clients around the world, delivering high-quality, low-latency networks to the people in India as the nation charges forward with its digital transformation roadmap,” said Yoshio Sato, CEO, OLL “Not only will MIST respond to the growing demands for inter-DC-connectivity across countries in the Southeast Asia region, but it ultimately allows for OLL to grow its offering and expand into India and beyond. OLL has selected NEC as a supply partner whose extensive experience in expeditiously implementing submarine cable systems will play a key role in our project’s success.”

“We are honored to be selected as the supplier for MIST together with our local affiliate in India (NEC Technologies India Private Ltd (NECTI)). In recent years, we have been supplying the majority of submarine cables in the region and this project enables NEC to continue contributing to advanced infrastructure for serving growing traffic demands,” said Atsushi Kuwahara, General Manager, Submarine Network Division, NEC. “Together with NECTI, we intend to fully capitalize on our regional expertise in Southeast Asia and India to ensure the successful completion of this project.”

MIST cable route
Overview of MIST Submarine Cable
NameMIST (Myanmar/Malaysia India Singapore Transit)
Total design capacityMore than 216 Tbps / 12FP
Total cable lengthApprox. 8,100Km
Landing pointsSingapore, Malaysia, Myanmar, Thailand, India (Mumbai and Chennai)
InvestmentApprox. 400M-USD
Operational Launch3Q FY2022
Overview of Orient Link Pte. Ltd.
NameOrient Link Pte. Ltd. (new windowhttp://www.orient-link.com)
Address20 Pasir Panjang Road, #11-28, Mapletree Business City, Singapore
Established10th October, 2019
CapitalUSD 119 million
ShareholderNTT Ltd., Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services Inc., WEN Capital Pte. Ltd.
RepresentativeYoshio Sato, CEO
BusinessConstruction/sales/operation and maintenance for submarine cable
Overview of NEC Corporation
NameNEC Corporation
Address7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan
EstablishedJuly 1899
CapitalJPY 397,199 million
RepresentativeTakashi Niino, President and CEO
BusinessPublic Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, System Platform Business and Global Business
Overview of NEC Technologies India Pvt. Ltd.
NameNEC Technologies India Pvt. Ltd.
Address (Registered Office)A-31, 1st Floor, Lajpat nagar Part-II, New Delhi, 110024, India
Established2006
RepresentativeAalok Kumar, President and CEO
BusinessBusiness extending from telecommunications to public safety, logistics, transportation, retail, finance, unified communication and IT platforms, serving across governments, businesses as well as individuals

***

NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

PR Archives: Latest, By Company, By Date