ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Jan 14, 2021 14:01 JST
Source:
NEC Corporation
NEC Concludes Contract to Supply the Palau Cable 2 (PC2) Optical Submarine Cable
TOKYO, Jan 14, 2021 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced the signing of a contract with the National Submarine Cable Utility Belau Submarine Cable Corporation (BSCC) of the Palau Republic (Palau) for the Palau Cable 2 (PC2) optical submarine cable construction project. PC2, with a total length of approximately 110km, will connect Palau with a large-capacity submarine optical cable that connects Southeast Asia and the U.S. mainland. This cable is scheduled to be completed at the end of 2022.
PC2 adopts the latest optical wavelength multiplexing transmission system of 100 gigabits per second (100Gbps), and as an addition to the first optical submarine cable laid by NEC in Palau in 2017, ensures the redundancy of Palau's network, realizes highly reliable communications, and responds to the increasing demand for communications, thereby contributing to further economic development in Palau.
This project is being implemented under a buyer's credit (export finance) loan agreement by the Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC) with BSCC. The loan portion from SMBC is insured by Nippon Export and Investment Insurance (NEXI). Additional financing is being provided by the United States Government and the Australian Infrastructure Financing Facility for the Pacific (AIFFP).
NEC has been a leading supplier of submarine cable systems for more than 50 years, and has built more than 300,000 km of cable, spanning the earth nearly 8 times. NEC is well-established as a reliable partner in the submarine cable field as a system integrator that provides all aspects of submarine cable operations, including the production of optical submarine repeaters and optical submarine cables, as well as coordinating ocean surveys and route designs, cable installation, training and delivery testing. The company is particularly strong in the Asia-Pacific region, including Japan, where NEC subsidiary OCC Corporation, is capable of producing submarine optical cables that can withstand water pressure from 8,000 meters beneath the sea.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at
https://www.nec.com
.
Source: NEC Corporation
Sectors: Telecoms, 5G, Marine & Offshore
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST
MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST
Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST
NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST
Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST
Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST
Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST
TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST
First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST
Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST
Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST
Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan
Apr 18, 2024 11:14 JST
Eisai: Research on Treatments for Alzheimer's Disease Based on Its Pathological Mechanisms Recieves Award for Science and Technology (Research Category)
Apr 18, 2024 10:53 JST
All-New Triton Confirmed as First Double-Cab Pickup Truck to Achieve 2024 Five-Star ANCAP Safety Rating
Apr 18, 2024 09:22 JST
Eisai's Antiepileptic Drug Fycompa Injection Formulation Launched In Japan
Apr 17, 2024 16:17 JST
Honda Unveils Next-generation EV Series for China
Apr 17, 2024 12:15 JST
Lexus presents Time at the 2024 Milan Design Week
Apr 16, 2024 18:49 JST
Mitsubishi Corporation Announces Participation in a DAC Project in Louisiana, USA
Apr 16, 2024 14:36 JST
More Latest Release >>
Related Release
NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
4/24/2024 1:25:00 PM JST
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
4/22/2024 3:09:00 PM JST
DOCOMO, NTT, NEC and Fujitsu Develop Top-level Sub-terahertz 6G Device Capable of Ultra-high-speed 100 Gbps Transmission
4/11/2024 3:10:00 PM JST
Transgene and NEC Present First Clinical Benefits of Neoantigen Cancer Vaccine, TG4050, in Head & Neck Cancer at AACR 2024
4/10/2024 1:36:00 PM JST
NEC white paper proposes comprehensive process workflow for the application of AI-driven personalized cancer vaccines
4/8/2024 1:45:00 PM JST
NEC develops marketing strategy planning & effectiveness simulation technology using generative AI
3/25/2024 10:08:00 AM JST
NEC and NTT successfully conduct first-of-its-kind long-distance transmission experiment over 7,000km using 12-core optical fiber
3/22/2024 8:38:00 AM JST
NEC and Tokyo Medical and Dental University use AI to assist self-care for chronic lower back pain
3/21/2024 10:02:00 AM JST
NEC and Skyloom to Pioneer 100 Gbps Space Optical Communications, Transforming Global Internet Connectivity
3/20/2024 3:30:00 PM JST
NEC named to list of Top 100 Global Innovators by Clarivate for 13th consecutive year
3/7/2024 11:24:00 AM JST
More Press release >>