29 November 2024
Malaysian subsea digital infrastructure company OMS Group has signed a contract with Royal IHC for the construction of a series of cable-laying vessels.
The new vessels will help OMS meet the surge in telecoms demand and ramp up global connectivity. The first vessel is expected to be delivered in the first quarter of 2027.
In 2023, OMS Group announced that it had set aside US$300 million for investments to expand its submarine cable systems and terrestrial infrastructure.