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Mitsui buys stake in Singapore-Yangon undersea cable

Mitsui & Co. will invest $20 million in a Singapore company that is laying undersea communications cable to Myanmar, a project seen giving telecom-related businesses there a boost after the 2020 completion. In its first foray into seafloor cable operations, Mitsui will purchase a total 22% stake in Singapore’s Campana Group across a series of […]