Submarine Fiber Optic Cable Project Announcements
Submarine Cable World Daily Newsfeed has updated its list of new submarine cables announced in 2016. Tracking new systems provides insight into the level of level of optimism in the industry for the need for new cables and the ability to raise money to build them.
Nearing the end of 2016, new project announcements are indicating continued strong demand for submarine cable systems. Unlike some of the metrics we use to determine the overall health of the submarine cable industry, which while at healthy levels were lower than in 2015, new project announcements surpassed 2015 levels and should assure that there will continue to be a significant number of projects in the pipeline for future growth opportunities.