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Cinia plans to take C-Lion1 cable branch to Hanko

Friday 17 June 2016 | 12:30 CET | News
Cinia said it has signed a letter of intent with investors and representatives of the cities of Hanko and Raasepori to build a new endpoint from the recently opened C-Lion1 submarine cable system, which directly connects Central and Northern Europe. The budget for the cable branching is approximately EUR 10 million, of which EUR 3 million will be invested by a group of institutional investors based in the coastal resort of Hanko. Based on preliminary plans, the Hanko cable branch will be ready for acceptance tests in the second half of 2017, which would suggest commercial availability in

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Categories: Fixed
Companies: Cinia
Countries: Finland
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