TelCables Europe targets EUR 15 million revenue by 2030
TelCables Europe, a new subsidiary of Angola Cables, has set a goal to generate EUR 7 million in revenue within its initial years of operation in Portugal, with a target of EUR 15 million by 2030, CEO Samuel Carvalho told Expresso.pt. The company has chosen Lisbon as the hub for its European operations, where it aims to leverage Angola Cables' extensive global network of approximately 80,000 kilometres of submarine cables, connections to over a thousand data centres, and access to around 400 cloud computing