SUB.CO announced its Oman Australia Cable project has entered contract in force status (CIF) with its final system connection expected to be completed in December, 2021.
Bevan Slattery, founder of SUB.CO said, “I am delighted that OAC is now CIF and importantly we have been able to secure the required manufacturing and marine installation assets with SubCom to allow for a targeted 2021 completion date. With a series of other major submarine cable projects looking to enter CIF status in the next quarter, this is a tremendous coup for the project and reduces project implementation risks and funding costs significantly.”
Oman Australia Cable features are as below:
No. of Fiber: 3 fiber pair with one more pair of upgradation
Distance: 9800km long .
Designed system capability: 54Tbps.
OAC authority never dis clauses the cost and source of fund. SUB.CO has four existing long distance submarine cables.