Padtec to sell submarine systems division to IPG Photonics

Monday 21 January 2019 | 09:20 CET | News
Brazilian optical communications systems manufacturer Padtec has agreed to sell its submarine optical systems division to US-based multinational IPG Photonics. The transaction, worth BRL 75 million, will close shortly, subject to usual conditions. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Padtec
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


New submarine cable proposed from Iceland to UK or Ireland

Published 30 Jan 2019 22:03 CET | Iceland
Icelandic telecoms services provider Farice ehf, which operates submarine cables to Iceland, and the Telecommunication Fund of ...

Padtec presents new generation of optical amplifiers

Published 01 Nov 2018 14:15 CET | Brazil
Brazilian company Padtec has presented a new generation of optical amplifiers during the Futurecom 2018 event in Sao Paulo. The ...

Padtec reaches 200,000 km of lit fibre

Published 31 Oct 2018 15:51 CET | Brazil
Brazilian fibre supplier Padtec has reached a total of 200,000 km of lit optical networks in Latin America. The company delivers ...

Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
::: More Calendar Items