Monday, September 03, 2007

Fujitsu Scores Massive FLAG Deal

Nicole Willing writes on Light Reading:

Fujitsu Ltd. has landed a monster $1.5 billion next-generation subsea network buildout deal from FLAG Telecom Ltd., the two companies announced Monday.

That's not Fujitsu's only new subsea deal, as it has also won a capacity upgrade contract from transpacific network operator Pacific Crossing Ltd.

But it's the FLAG deal that's making the headlines, as Fujitsu has snapped up the entire rollout against fierce competition.

More here.

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