Cinia Group (previously Corenet), a Finnish Government-owned venture, has selected Alcatel-Lucent to deploy a terabit-class undersea cable system linking Finland and Germany.
The project, named Sea Lion, calls for the deployment of a new 100G system that will span more than 1,100 km from Helsinki in Finland, to the Rostock-Ribnitz area in Germany. It will have a design capacity of 15 Terabits per second (Tbps) and is expected to enter service in early 2016.
Philippe Dumont, President of Alcatel-Lucent Submarine Networks, said: “We are delighted to support the Cinia Group in its rollout of this new cable system, which will be a catalyst to strengthen global digital connectivity. Alcatel-Lucent’s 100G undersea technology will boost the speed and security of Finland’s infrastructure, building a strong digital cluster for data center connections.”
Institutional investors Ilmarinen and OP Financial Groups insurance and pension affiliates are matching the Finnish governmen’s EUR 20 million investment for a total of EUR 40 million capitalization.
http://cinia.eu/en/news/cinia-partnering-strong-institutional-investors-build-digital-infrastructure-finland-europe
