Datawave and Cerberus Announce Investment and Financing Agreement for Singapore–India–Gulf Subsea Cable System
Datawave Networks Ltd (“Datawave”), a Cyprus-based independent subsea infrastructure provider, today announced that it has entered into a binding investment and financing agreement with affiliates of Cerberus Capital Management, L.P. (“Cerberus”), a global alternative investment firm, relating to the development of the Singapore–India–Gulf (SING) Cable System, a next-generation subsea fibre optic network connecting the Middle East, South Asia, and Southeast Asia.
