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new submarine cable for Palau also linking Yap and Chuuk.....posted 29May17

Construction of submarine cable links to the islands of Palau, Yap and Chuuk
NEC Corporation (NEC; TSE: 6701), together with Belau Submarine Cable Corporation (BSCC; Republic of Palau) and the Government of the Federated States of Micronesia (FSM), today (May 4) announced it has commenced construction of three submarine cable links, that will connect the islands of Palau, Yap and Chuuk to the rest of the world.

BSCC, backed by a loan from the Asian Development Bank (ADB), signed a supply contract with NEC to construct the spur to Palau, while FSM, backed by a grant from the World Bank (WB), signed a supply contract with NEC to construct the spur to Yap, and signed an additional agreement this year for the extension from Pohnpei to Chuuk.

click here for the Press Release


 
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