GlobalConnect completes Phase I of Nordic Wave subsea cable
Will enhance existing fiber networks between Sweden, Norway, and Germany
Will enhance existing fiber networks between Sweden, Norway, and Germany
Will be the world's northernmost cable, connecting Norway and Svalbard
Specifications and timelines have not yet been shared
Converts former platform supply vessel to meet surge in telecommunications demand
Will also build new subsea cable system
Specifications have not been shared
Company has booked two impairment charges since acquisition in 2022
Attributes the loss to surge of sales in India the year before
Will comprise bulk of company's Stockholm South campus
Expansion features two stages, set to be complete in 2025
Transformer station is being built to power TikTok data center
Upgrade will see three new data halls
Tax agency is demanding $91m
The three companies have invested a combined NOK 2.4 billion ($200m)
EQT-backed operator has entered the market to find a buyer