Reliance Industries Arm to Lay New Subsea Cable System in Maldives

Reliance Industries (RELIANCE, BOM:500325) said its telecom arm, Reliance Jio Infocomm, plans to land the multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives, according to a Monday filing.

The high-capacity and high-speed IAX system, which will connect Hulhumale directly with major internet hubs in India and Singapore, is expected to be ready for service end-2023, according to a Monday filing.

Price (INR): ₹2421.90, Change: ₹-2.50, Percent Change: -0.10%

Source: MT Newswires

Add comment


Recent posts

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular

Most discussed