Aqua Comms has made an inorganic move that takes it halfway around the world as it prepares to move beyond its traditional footprint in the Atlantic and the North Sea. The Irish-based subsea network operator has announced the acquisition of Openbyte Infrastructure.
Openbyte is based in and licensed in India, giving Aqua Comms some local expertise in support of its EMIC-1 submarine cable. That cable will connect Europe with India via the Middle East. The target date for EMIC-1 RFS is Q1 of 2024, or just a year and change from now.
Little information is available about Openbyte itself, but presumably Openbyte’s open access submarine cable landing interests are what drew the attention of Aqua Comms and its owners over at D9. Or, more accurately, the local talent they bring to the table. Openbyte’s Amit Vyas joins Aqua Comms as CEO, India anre Regional Chief Business Officer, while Neeraj Katiyar will support him as CTO, India and Chief Global Architect for Subsea Cables.
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Categories: Mergers and Acquisitions · Undersea cables
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what local expertise does Aqua Comms have in supporting the EMIC-1 submarine cable?