Firmus Technologies Partners with SUBCO to Build Tasmania-Australia Submarine Fibre Cable

Deal Summary

Firmus Technologies and SUBCO announced a partnership to build the Bernacchi-1 submarine fibre optic cable linking Tasmania to the mainland, extending SUBCO's SMAP network. Firmus will underwrite the project, providing significant private investment to deliver over 60 Tbps of capacity by early-mid 2027.