STOCK TITAN

Digicel Deploys Infinera’s GX Series for Deep Blue One Subsea Cable System

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Infinera (Nasdaq: INFN) announced that Digicel has deployed its GX Series, including ICE6 800G and FlexILS solutions, for the Deep Blue One subsea cable system. This subsea cable, spanning 2,100 kilometers, connects French Guiana, Suriname, Guyana, and Trinidad and Tobago, enhancing connectivity in the southern Caribbean. It links to Southern Caribbean Fiber’s existing subsea cable, which covers 3,000 kilometers and connects 16 islands from Trinidad and Tobago to Puerto Rico, with further connections to Miami and New York. The deployment aims to minimize cost per bit, energy cost per megabit, and carbon footprint while maximizing spectral efficiency and fiber capacity. Valery Bijou, CEO of Southern Caribbean Fiber, highlighted the importance of this new connectivity for customers and the oil and gas industry. Nick Walden, Infinera's Senior VP of Worldwide Sales, expressed satisfaction with the partnership and its role in enhancing connectivity in the Latin America and Caribbean region.

Positive
  • Deployment of Infinera’s GX Series enhances southern Caribbean connectivity.
  • Deep Blue One spans 2,100 kilometers, offering new service options.
  • Combines with an existing 3,000 km subsea cable to connect 16 islands.
  • Provides direct routes for offshore gas and oil rigs.
  • Minimizes cost per bit and carbon footprint.
  • Maximizes spectral efficiency and fiber capacity.
  • Reduces energy cost per megabit.
Negative
  • Potential risks include reliance on partnerships and dependency on Infinera’s solutions.
  • New deployment may lead to substantial initial investment costs.
  • Possible technical issues or delays in integration with existing infrastructure.

Insights

The deployment of Infinera's GX Series and ICE6 800G solutions on Digicel's Deep Blue One subsea cable is a significant advancement in optical networking technology. The ICE6 800G technology is known for its maximum spectral efficiency, which essentially means it can transmit more data over the same amount of fiber, making the network more efficient and less costly per bit. Additionally, this technology reduces energy consumption, aligning with growing industry trends towards sustainability and energy efficiency.

For retail investors, understanding the technical sophistication of these solutions is crucial. The ICE6 800G allows for faster data transfer rates, which is particularly beneficial for high-demand applications like streaming and cloud services. This technology ensures that Digicel can offer competitive, high-performance services to its customers in the Caribbean and Latin America, potentially increasing their subscriber base and revenue.

The deployment of the Deep Blue One subsea cable system marks a substantial expansion in connectivity for the Caribbean and Latin America. This infrastructure development provides a new direct route for offshore gas and oil rigs and connects several key regions, enhancing the overall connectivity of the Southern Caribbean Fiber network. Such infrastructure is critical for economic development, enabling better internet services and supporting digital economies in these regions.

From a market perspective, this move positions Digicel as a major player in the region's telecommunications landscape. The enhanced connectivity could lead to increased demand for Digicel's services, potentially boosting their market share. Investors should note that infrastructure projects like this can lead to long-term growth, making Digicel an interesting company to watch in the telecom sector.

The integration of Infinera’s optical networking solutions into Digicel’s Deep Blue One project not only enhances technical capabilities but also offers financial benefits. By maximizing spectral efficiency and fiber capacity, the cost per bit of the network is reduced, which can translate into lower operational costs and higher margins for Digicel. The reduction in energy cost per megabit further adds to the financial attractiveness of this deployment.

For investors, it's important to consider how these cost savings could impact earnings. Lower operational costs could improve Digicel's profit margins, making the company more financially robust in the competitive telecom market. Additionally, this deployment could attract new business from high-demand sectors like oil and gas, further diversifying Digicel's revenue streams and reducing dependence on traditional telecom income.

SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that Digicel has deployed Infinera’s GX Series, featuring Infinera’s ICE6 800G and FlexILS solutions, to light the Deep Blue One subsea cable connecting French Guiana, Suriname, Guyana, and Trinidad and Tobago. The deployment offers service providers new, best-in-class connectivity to the southern Caribbean region.

Deep Blue One is a new subsea cable system that spans 2,100 kilometers (km) in the Caribbean and Latin America region, providing connectivity to service providers and a direct route for offshore gas and oil rigs. Deep Blue One will connect to Southern Caribbean Fiber’s existing subsea cable, which already spans 3,000 km, to connect with 16 islands in the Eastern Caribbean, connecting from Trinidad and Tobago to Puerto Rico with onward connectivity to Miami and New York.

Leveraging Infinera’s combined solutions, Deep Blue One benefits from the latest optical networking technology, minimizing the cost per bit of the subsea cable network and carbon footprint, maximizing spectral efficiency and fiber capacity, and significantly reducing energy cost per megabit.

“Partnering with Infinera to deploy its industry-leading solutions on our network enables us to deliver high-capacity cable performance while minimizing our carbon footprint,” said Valery Bijou, CEO of Southern Caribbean Fiber, a Digicel company. “Deep Blue One is a critical cable system, providing our customers and the oil and gas industry with much needed connectivity that did not exist previously. We are excited to offer our Latin America and Caribbean customers new service options.”

“We are pleased to partner with Digicel to power this new cable system with innovative optical networking solutions, enabling new high-performance services and bringing international connectivity to the Latin America and Caribbean region,” said Nick Walden, Senior Vice President, Worldwide Sales, Infinera.

Contacts:

Infinera Media:
Anna Vue
Tel. +1 (916) 595-8157
avue@infinera.com

Infinera Investors:
Amitabh Passi, Head of Investor Relations
Tel. +1 (669) 295-1489
apassi@infinera.com

About Infinera
Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on X and LinkedIn, and subscribe for updates.

Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

This press release contains forward-looking statements, including but not limited to the performance, financial and environmental benefits of Infinera’s GX Series ICE6 800G and FlexILS solutions. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter ended March 30, 2024 as filed with the SEC on May 24, 2024, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.


FAQ

What technology has Digicel deployed for the Deep Blue One subsea cable system?

Digicel has deployed Infinera’s GX Series with ICE6 800G and FlexILS solutions.

What regions does the Deep Blue One subsea cable connect?

The Deep Blue One subsea cable connects French Guiana, Suriname, Guyana, and Trinidad and Tobago.

How long is the Deep Blue One subsea cable system?

The Deep Blue One subsea cable system spans 2,100 kilometers.

What are the benefits of Infinera’s solutions for the Deep Blue One cable?

Infinera’s solutions minimize cost per bit, reduce energy cost per megabit, maximize spectral efficiency and fiber capacity, and lower the carbon footprint.

What other cable system does Deep Blue One connect to?

Deep Blue One connects to Southern Caribbean Fiber’s existing subsea cable system, which spans 3,000 kilometers.

Infinera Corporation

NASDAQ:INFN

INFN Rankings

INFN Latest News

INFN Stock Data

1.56B
233.10M
1.49%
88.68%
11.45%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
SAN JOSE