Southern Cross NEXT will provide data connectivity between Sydney, Auckland, and Los Angeles and is scheduled for completion by January 2022. The new route will also provide critical international cable connectivity to the Pacific Islands of Fiji, Tokelau and Kiribati.

The new 13,483 kilometre (main trunk length) cable system, (16,148km including all branches), has been developed as an extension of the existing Southern Cross two cable eco-system. It will allow customers to leverage Southern Cross’ extensive point-of-presence network and access infrastructure already in place. It will also allow Southern Cross NEXT customers to flexibly assign new and existing capacity across the three routes across the Pacific, connecting Australia, New Zealand, Fiji and the United States, maximising diversity and resiliency.

Southern Cross NEXT represents a network investment of around US$300 million by Southern Cross and is designed to carry 72 Terabits per second of traffic across its 4 fibre pair design using C-band technology, ensuring Southern Cross can cater for its customers’ growing data requirements well into the future. Services offered on the new system will be an extension and integration of the services offered across the current Southern Cross eco-system.

The Bermuda aspects of both the equity and network investments were led by partner Steven Rees Davies and assisted by Andrew Kuzma and Sarita Ebbin.

Share
Twitter LinkedIn Email Save as PDF
More Deals
15 Jan 2020 | Deals

Appleby Bermuda acted as counsel to Matterhorn Re Ltd., on the launch of its first catastrophe bond of 2020 under the sponsorship of Swiss Re

Matterhorn Re Ltd., registered as a Special Purpose Insurer in Bermuda, has via a segregated account...

Contributors: Josephine Noddings
15 Jan 2020 | Deals

Appleby Bermuda advised Sierra Ltd., the vehicle used by Bayview Asset Management, LLN in its first ever ILS transaction

Appleby Bermuda acted as counsel to Sierra Ltd. in connection with its offering of USD 150 million S...

Contributors: Josephine Noddings
10 Jan 2020 | Deals

Appleby acted as Bermuda counsel to AkinovA leading up to the completion of a ‘first of its kind’ parametric cyber risk transfer

Appleby’s insurance team acted as Bermuda counsel to AkinovA on all matters leading up to the comp...

8 Jan 2020 | Deals

Appleby Bermuda advised Sumitomo Dainippon Pharma in its USD 3 Billion acquisition of five biopharmaceutical companies

Our Bermuda team advised Sumitomo Dainippon Pharma, a leading Japanese pharmaceutical company in res...

Contributors: Gary Harris, Jamie Rego
19 Dec 2019 | Deals

Appleby acted as Bermuda counsel to AccorInvest Group

Appleby acted as Bermuda counsel to AccorInvest Group in connection with the sale of its Fairmont So...

27 Nov 2019 | Deals

Appleby advised T&D Holdings on USD 1.8 Billion joint acquisition with Carlyle Group of AIG’s Fortitude Re

Appleby advised T&D Holdings on all Bermuda law issues relating to the purchase of a 25% stake in Fo...

Contributors: Gary Harris
15 Oct 2019 | Deals

Appleby Bermuda acted for sellers of Sandell Holdings Ltd.

Appleby was instructed by the shareholders of Sandell Holdings Ltd. in connection with the sale of t...

Contributors: Josephine Noddings
3 Oct 2019 | Deals

Appleby acts in Artex/Horseshoe Transaction

Appleby acted as counsel to the sellers of Horseshoe Insurance Services Holdings Ltd. in connection ...

16 Aug 2019 | Deals

Appleby represented HSBC in a GBP 7 billion longevity swap

Appleby represented HSBC in a £7 billion longevity swap and reinsurance transaction which is the se...

Contributors: Brad Adderley
6 Aug 2019 | Deals

Appleby advises China Oil and Gas Group Limited on its issuance of USD 320 million senior notes

Appleby acted as Bermuda and BVI counsel for China Oil and Gas Group Limited (China Oil and Gas) in ...

Contributors: Paul Cheuk, Minnie Choi