STOCK TITAN

Super Sistem Selects Infinera’s GX Series for SSBS Cable System to Expand Connectivity to Indonesia

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Infinera (Nasdaq: INFN) announced that Super Sistem Group has selected its GX Series and ICE6 800G coherent solution for the Super Sistem Batam Singapore (SSBS) Cable System. This subsea fiber optic cable aims to enhance connectivity between Batam and Singapore and is part of a broader initiative to expand broadband access to underserved communities in Indonesia. The deployment will connect Batam, Jakarta, and Manado with seven landing stations across 4,700 kilometers. Infinera's ICE6 solution is expected to maximize spectral efficiency, fiber capacity, and reliability. The initiative supports Indonesia's economic development by improving affordable connectivity, particularly in remote regions.

Positive
  • Infinera's GX Series and ICE6 800G solution selected for SSBS Cable System.
  • Enhanced connectivity between Batam and Singapore.
  • Support for Indonesia's economic development and digital infrastructure.
  • Expansion of broadband access to underserved communities.
  • Connection of Batam, Jakarta, and Manado with seven landing stations over 4,700 kilometers.
  • Maximized spectral efficiency and fiber capacity.
  • Improved reliability and reach of subsea cable system.
  • Infinera's solution helps minimize cost per bit.
Negative
  • Potential high costs associated with the deployment and maintenance of subsea cable systems.
  • Challenges in ensuring consistent and reliable connectivity across remote regions.

Insights

The deployment of Infinera’s GX Series and ICE6 800G coherent solution by Super Sistem Group to expand connectivity in Indonesia has several financial implications. Firstly, this partnership signals a strong demand for advanced fiber optic solutions in a rapidly growing market. Indonesia, with its expansive population and numerous islands, offers a significant growth opportunity for Infinera. The increased capacity and efficiency promised by the ICE6 solution is likely to appeal to other telecom operators in similar markets, potentially driving future sales for Infinera.

In the short term, this news could positively impact Infinera’s stock price as it represents a high-profile contract win. In the long term, the success of this deployment could enhance Infinera’s market position in Southeast Asia, an essential and growing market. However, investors should be aware of the execution risks inherent in large infrastructure projects, such as potential delays and cost overruns.

Infinera’s GX Series and ICE6 800G coherent solution are noteworthy for their ability to maximize spectral efficiency and fiber capacity. The ICE6 technology incorporates advanced modulation techniques and enhanced signal processing capabilities, making it one of the most advanced solutions available for subsea communications. This high-capacity solution is particularly suited for Indonesia’s geographic challenges, which include a vast number of islands and remote regions.

This deployment will likely lead to improved network reliability and reduced latency, important for modern applications ranging from streaming services to cloud computing. This technological advantage not only supports Super Sistem’s current needs but also future-proofs their infrastructure against growing data demands. The deployment could also position Super Sistem as a leader in the Indonesian telecom market by offering superior service quality.

SAN JOSE, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that Indonesian network operator Super Sistem Group (Super Sistem) has selected Infinera’s GX Series and ICE6 800G coherent solution to power the Super Sistem Batam Singapore (SSBS) Cable System connecting Batam to Singapore. The SSBS is a subsea fiber optic cable system and is part of a broader initiative to bring broadband to underserved communities. The deployment of Infinera’s solution will help to increase access and provide affordable connectivity across Indonesia, including remote islands in the region.

Indonesia is the fourth most populous country in the world, with a population of more than 270 million people across its 17,000 islands. Super Sistem’s broader national initiative will connect Batam, Jakarta, and Manado, and include seven landing stations spanning more than 4,700 kilometers. Infinera’s industry-leading ICE6 800G solution will enable Super Sistem to get the most out of its subsea cable by minimizing cost per bit while maximizing spectral efficiency and fiber capacity, resulting in increased capacity, reliability, and reach on its cable system.

“We are committed to Indonesia’s economic development and offering a digital infrastructure that can reliably and affordably deliver connectivity, including to remote regions, which is a high priority for Super Sistem,” said Kelvan Firman, Super Sistem CEO. “Infinera’s industry-leading technology helps us push the boundaries of what is possible with undersea communications, helping to improve communications services within Indonesia.”

“Infinera’s GX solution will enable Super Sistem to leverage the industry’s highest-capacity solution and equip its service provider customers with high-performance services in one of the world’s fastest growing telecom markets,” said Ryan Perera, Senior Vice President, APAC Sales, Infinera. “Infinera is excited to be part of Super Sistem’s initiative to connect Indonesian islands and the rest of the world.”

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 financial, operational and performance benefits of Infinera’s GX Series and ICE6 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 September 30, 2023 as filed with the SEC on February 29, 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 did Infinera announce on May 15, 2024?

On May 15, 2024, Infinera announced that Super Sistem Group selected its GX Series and ICE6 800G coherent solution for the SSBS Cable System to enhance connectivity between Batam and Singapore.

What is the purpose of the SSBS Cable System?

The purpose of the SSBS Cable System is to enhance connectivity between Batam and Singapore and expand broadband access to underserved communities in Indonesia.

How will Infinera's ICE6 800G solution benefit the SSBS Cable System?

Infinera's ICE6 800G solution will maximize spectral efficiency and fiber capacity, improve reliability, and minimize cost per bit for the SSBS Cable System.

Which cities will be connected by Super Sistem's broader initiative?

Super Sistem's broader initiative will connect Batam, Jakarta, and Manado.

How many landing stations are included in the broader initiative?

The broader initiative includes seven landing stations spanning more than 4,700 kilometers.

What is the population scope of the connectivity initiative?

The connectivity initiative aims to serve Indonesia, the fourth most populous country with over 270 million people across 17,000 islands.

Why was Infinera's technology chosen by Super Sistem?

Infinera's technology was chosen by Super Sistem for its ability to deliver high-capacity solutions, improve communications services, and support economic development through reliable and affordable digital infrastructure.

Infinera Corporation

NASDAQ:INFN

INFN Rankings

INFN Latest News

INFN Stock Data

1.55B
233.12M
1.49%
88.89%
11.78%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
SAN JOSE