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OMS Group Partners with Royal IHC to Construct Cable-Laying Vessels for Enhanced Telecommunications Connectivity

Oct 28, 2024over 1 year ago

Contract Type

partnership

SingaporeHardwareSatellite Communication

Description

OMS Group has announced a strategic partnership with Dutch shipbuilder Royal IHC to construct cable-laying vessels aimed at improving telecommunications connectivity. The vessels are expected to set a new industry standard and enhance the company's operational capabilities to better serve the increasing demand for global telecommunication connectivity.

Company Information

Company

OMS Group

Location

Singapore

About

OMS Group is a global, neutral and integrated telecommunications infrastructure company with a wide range of services covering subsea telecommunications installation and maintenance, digital infrastructure ownership and digital Infrastructure engineering, procurement, maintenance and construction (EPC) under our Interconnect Managed Services division. Our capabilities in submarine fiber-optic cable systems, include installation and repair of deep and shallow water subsea fiber-optic cable systems, permitting in principle acquisitions, project management, direct shore ends, engineering and subsea surveys. We have a strong track record in constructing and owning cable landing stations and terrestrial dark fiber in Southeast Asia.

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Strategic

ML-powered predictions for OMS Group's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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