EXA Acquires Aqua Comms in Distressed Subsea Fiber Deal

EXA acquires Aqua Comms in distressed subsea fiber deal

UK-based EXA Infrastructure has completed its long-running acquisition of Ireland-based subsea provider Aqua Comms for a knockdown price. The deal, agreed a year ago, strengthens its transatlantic and intra-European subsea connectivity, adding key cables to its 160,000-kilometre fibre network spanning 37 countries, while reflecting a rare distressed-asset opportunity in today’s telecoms market. In sum – […]

EXA Infrastructure completes Aqua Comms acquisition

Deal adds multiple Atlantic cable systems and follows a series of fibre investments aimed at strengthening route diversity and capacity across Europe EXA Infrastructure has completed its acquisition of Ireland-based subsea operator Aqua Comms, adding several transatlantic and regional submarine cable systems to its network as the operator continues to expand its position in wholesale and hyperscale connectivity markets. The deal was first announ…