Orange and Free to back La Reunion-South Africa subsea cable
Orange and Free to back La Reunion-South Africa subsea cable Sept 2 (Reuters) - French telecoms operators Orange ORAN.PA and Free have teamed up to fund a €93 million ($107.82 million) subsea cable connecting the French Indian Ocean island of Reunion with South Africa, the companies said on Wednesday.
The cable is scheduled to enter service in 2028 and is intended to replace the SAFE cable commissioned in 2002.
Orange will act as the landing party while subsidiary Orange Marine will deploy the infrastructure designed by Alcatel Submarine Networks.
The companies did not disclose their respective shares in the project. The EU will contribute to the funding of the project, they said.
($1 = 0.8625 euros)
(Reporting by Jerome Terroy in Gdansk
Editing by Inti Landauro and David Goodman
)
((jerome.terroy@thomsonreuters.com))