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Telxius to invest over EUR 350 mln in three undersea cables

Monday 26 September 2016 | 11:59 CET | News
Telefonica's infrastructure subsidiary Telxius is set to invest EUR 352 million over the next three years in three major submarine cable projects already under development, reports El Economista, citing documentation submitted to stock market regulator CNMV. The three projects are the 25,000 km SAM-1 cable linking the US and Latin America, the 11,000 km BRUSA cable connecting Brazil, Puerto Rico and the US, and the 6,600 km Marea cable between Spain and the US.

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Categories: Fixed
Companies: Telefonica / Telxius
Countries: Spain / World
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