Study: Subsea Cable Repair Ships Require $3 Billion Infusion
The number of subsea cables is set to increase 48% by 2040, but 66% of cable maintenance ships will reach the end of their service life by then, TeleGeography and Infra-Analytics said in a study released Monday. It will take…
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$3 billion to sustain current service levels and avoid repair delays through the acquisition of 15 replacement and five new vessels, they said.