DXN (ASX:DXN) signs two new contracts worth a combined $1M
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Data centre specialist DXN (DXN) has signed two contracts with Sub.Co and Solomon Islands Submarine Cable Company (SISCC) worth a combined $1 million
The first contract, signed with Sub.Co and worth $650,000, will see DXN build a Cable Landing Station at Cocos Keeling Island
This will be part of the Oman Australia Cable system, a 9800-kilometre system of undersea cables connecting Perth to the capital of Oman in the Middle East
Cable Landing Stations are typically the point where undersea cables meet on-land networks and play an important role in powering and protecting the underwater cables