updated: 07-10-2020 | 15:55
Cinia Ltd, as the leading party of the Cinia Alliance, in collaboration with MegaFon, are executing the development phase for the Arctic submarine cable project. The objective of the international project is to build the first trans-Arctic submarine telecom cable between Europe and Asia.
“Arctic Connect is a real international opportunity. Cinia is very pleased to see broad international interest towards the project, and I warmly welcome our new partners from Japan, Norway and Finland to join the Cinia Alliance. The project is moving forward and together we will have an exciting journey to make the plans real” says Ari-Jussi Knaapila, CEO of Cinia Ltd.
The international partners behind the arctic cable project
Sojitz Corporation, a multi-national trading and investment company, has agreed to fund Cinia Alliance as the leading party of the Japanese partnership that consists of itself, Atago Corporation, Crypton Future Media Inc., Hokkaido Electric Power Co. Ltd., Optage Inc. and Sakura Internet Inc.
Bredbåndsfylket Arctic Link AS is established to join the Cinia Alliance. Bredbåndsfylket AS is the leading party of a Norwegian partnership that consists of itself, Ishavslink AS and Sør-Varanger Utvikling.
Cinia Ltd. is the leading party of Cinia Alliance. C-Fiber Hanko Oy, Pietarsaaren Seudun Puhelin Oy, Lapit Oy, Napapiirin Energia ja Vesi Oy and Rovaniemen Kehitys Oy from Finland have also joined the Cinia Alliance.
Positive impact on the arctic region
“The Arctic Connect cable will have a tremendous positive impact for the Arctic region. The submarine cable will not only contribute to the evolving of the Arctic broadband sector, but also to the whole Arctic society through new business sectors, research opportunities, resilience and safety, connectivity for the people and so on says Dag-Kjetil Hansen, CEO of Bredbåndsfylket AS.
The global economy increasingly depends on international telecom networks and logistics systems. The Arctic Connect cable system will increase the redundancy of global networks significantly by providing a new route between Europe and Asia.
Construction scheduled for 2022-2023
The planned over 10,000 km long new Arctic cable will provide a totally new route increasing network resilience to complement and secure existing connections. The new cable route also supports the development of the Arctic region. The project is currently in the stage of feasibility study and construction work of the cable is scheduled from 2022 through 2023.