Saturday, 31 October 2020

APTelecom: What's next for the submarine networks industry?


Wednesday 08 January 20

Eric Handa, Co-Founder and CEO at APTelecom shares his thoughts about current trends in the sphere of submarine networks

What would you say have been the biggest developments in the EMEA region since Submarine Networks EMEA 2019? APTelecom travels globally about 300 days a year. We are always on the road and on the go seeing clients and attending industry events. Overall, the biggest developments since Submarine Networks EMEA 2019 has been the geo-political events of the US–China Trade war, Brexit, and the concern for 2020’s global equity markets. Normally when oil prices are high this input cost leads to more submarine cables being built in the GCC (Gulf Cooperation Council) region. From a specific industry perspective, the largest development was on the positive side, with many new systems emerging in the Pacific and Atlantic markets. On a down note, the Brazil–US route globally saw its first restructure filing in the form of Chapter 11, and it remains to be seen if this hurt other operators looking for creditors in the entire subsea space or if this is a one-off event on a cyclical basis and not a structural issue for the entire sector…

What would you say have been the biggest developments in the EMEA region since Submarine Networks EMEA 2019? APTelecom travels globally about 300 days a year. We are always on the road and on the go seeing clients and attending industry events. Overall, the biggest developments since Submarine Networks EMEA 2019 has been the geo-political events of the US–China Trade war, Brexit, and the concern for 2020’s global equity markets. Normally when oil prices are high this input cost leads to more submarine cables being built in the GCC (Gulf Cooperation Council) region. From a specific industry perspective, the largest development was on the positive side, with many new systems emerging in the Pacific and Atlantic markets. On a down note, the Brazil–US route globally saw its first restructure filing in the form of Chapter 11, and it remains to be seen if this hurt other operators looking for creditors in the entire subsea space or if this is a one-off event on a cyclical basis and not a structural issue for the entire sector…

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