Datawave And Cerberus Strike Majority Investment Deal To Build Singapore-India-Gulf Subsea Cable System
Datawave Networks, a Cyprus-based independent subsea infrastructure provider, said it has signed a binding investment and financing agreement with affiliates of Cerberus Capital Management to fund and accelerate development of the Singapore–India–Gulf (SING) Cable System, a next-generation subsea fiber optic network spanning the Middle East, South Asia, and Southeast Asia. Under the agreement, Cerberus is