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Ciena Powers Havfrue, Bulk Fiber Networks’ First Submarine Cable
February 8, 2021 GMT
HANOVER, Md. (BUSINESS WIRE) Feb 8, 2021
Bulk Fiber Networks is enhancing its Havfrue submarine cable system with network infrastructure from Ciena (NYSE: CIEN). The capacity of the 7,851km transatlantic cable system is 1,000 times greater than the most recent cable on this route across the Atlantic. Havfrue will establish a new route between the USA, Denmark, Ireland, and Norway, while delivering high capacity and scalable spectrum services.
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Key Facts:
The Nordic region has become a key strategic location for many major ISPs, webscalers, and wholesale operators. The new Bulk Fiber Networks submarine cable system offers network resiliency and low operational costs, while bringing sustainable infrastructure to a global audience.
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Bulk Infrastructure Holding AS, a Nordic data center, fiber network developer and operator, and logistics real estate developer, announced a new partnership with BentallGreenOak (BGO), a global real estate investment manager, as a strategic partner and investor. BentallGreenOak has committed NOK 1.5 billion (approximately €140 million) to support the future growth of Bulk Infrastructure s core lines of business.
N01 Data Center Campus (Photo: Business Wire)
BentallGreenOak joins main shareholders, Bulk Industrier and Geveran, in securing capital for the company s future growth, with a series of capital injections from BGO and existing shareholders that will take place from January, 2021. John Carrafiell, Senior Managing Partner and Co-founder of BentallGreenOak, will join Bulk Infrastructure s Board of Directors, and founder, Peder Nærbø, and his company Bulk Industrier, will continue to work actively within the company and remain the lead investor and Chairman of the B