APRIL 10, 2008 -- General Cable Corp. today reported that its subsidiary, Norddeutsche Seekablewerke GmbH (NSW), has been awarded its first submarine long-haul repeatered fiber-optic communications project.
The communications link will stretch through the Mediterranean Sea from Marseilles, France, to Port Said, Egypt, with additional connections in Italy, Turkey, and Cyprus. The project will have a length of more than 2,600 miles and will be installed at depths of up to 11,000 feet. NSW's portion of this project is valued at approximately $40 million with cable delivery and installation beginning later this year.
"NSW has been investing heavily to support the expansion of our product offering to include long-haul submarine fiber-optic communications cables," reports Valentin Jug, chairman of NSW. "We believe that this global market, which is coming off nearly a decade of decline, is positioned to rebound throughout the world as nations increase their need for reliable communications links," he adds.
General Cable acquired NSW in April 2007 and began an investment program to expand the capability of the facility to include submarine power cables and repeatered submarine communications cable. NSW is located on a tributary of the North Sea, with its own deep-sea pier. The company believes that once the expansion of NSW is completed, it will be well positioned to address all aspects of submarine cable needs for the expanding communications, offshore wind farm, and energy exploration markets.
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