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Arctic Fibre sold to American partner

telecom | 05/20/2016 3:16 pm EDT

Arctic Fibre Inc., a Canadian company deploying fibre-optic cable in the North, has been purchased by its Alaskan affiliate. Quintillion Subsea Holdings LLC, which provides wholesale capacity to the telecommunications industry, announced the acquisition of Arctic Fibre’s assets in a Wednesday press release, “as part of a plan to build a submarine fibre optic cable from Asia to Europe with the first phase in Alaska.” According to Arctic Fibre’s website, the company was established in 2009 “to explore deploying a fibre optic...