The shift to more remote work, school and life in general requires reliable, low latency, and high-performance connectivity. In response to this growing trend, SUB.CO and its Australian entity APX Partners are teaming up with Ciena (NYSE: CIEN) to upgrade its Indigo submarine cable, which connects Perth and Sydney, Australia and Singapore.
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About SUB.CO and APX Partners
Founded by industry veteran Bevan Slattery, SUB.CO is a specialist consulting and investment company focusing on assisting the development of submarine cable projects and potentially investing in specialist projects alongside infrastructure investment partners.
Previous projects undertaken by the management team include Sydney to Guam Cable (PPC-1), Sydney to Los Angeles (Endeavour & AAG), Singapore to Perth Cable (Indigo West) and Australia’s first transcontinental fibre optic submarine cable (Indigo Central).
About Ciena
Ciena (NYSE: CIEN) is a networking systems, services and software company. We provide solutions that help our customers create the Adaptive Network™ in response to the constantly changing demands of their end-users. By delivering best-in-class networking technology through high-touch consultative relationships, we build the world’s most agile networks with automation, openness and scale. For updates on Ciena, follow us on Twitter @Ciena, LinkedIn, the Ciena Insights blog, or visit www.ciena.com.
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You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201104005045/en/
Press Contact:
Shannon N. Booker
Ciena Corporation
+1 (410) 694-5761
[email protected]
Investor Contact:
Gregg Lampf
Ciena Corporation
+ 1 (410) 694-5700
[email protected]