Perth-based Trident Subsea Cable continues to build out its resources in Southeast Asia, appointing former Fujitsu director Chris de Josselin as its EVP for Asia strategy and development with a brief to expand the company’s footprint across the region. De Josselin is currently setting up a Trident regional office in Singapore while bringing on customers to its new sub-sea cable capacity between Singapore and Indonesia.
On the home front, Trident is also well advanced in plans to list on the Australian Securities Exchange later this year. It is currently doing due diligence on an agreement that would provide a reverse listing through mining company Bora Bora Resources.
Under the proposal, former iiNet CEO David Buckingham and CTO Greg Bader would join current Trident CEO Alexis Pinto and CFO Paddy Jayawardena on the listed company’s board.
Late last year Trident fast-tracked its plans for connectivity between Indonesia and Singapore following a strategic venture with Indonesian cable operator and builder Ketrosden Triasmitra. The deal will allow it to use Triasmitra’s existing Jakarta-Bangka-Batam-Singapore B2JS cable system, with the first customers expected to be operational in April/May of this year.
The Indonesia-Singapore link will be the first stage of Trident’s long term plans for capacity between Australia and Asia. The company will use revenue generated from stage one to fund the on-going development of the network.
De Josselin told CommsDay that the company had signed orders from customers for the capacity but had also fielded strong interest in Trident’s “broader story across Asia.” That could include providing capacity to a broader range of markets in Southeast Asia including the Philippines, Malaysia, Thailand and Myanmar.
“There are a number of ways we could provide that capacity. Where possible we would look to invest in our own capacity, but there are lot of routes where an oversupply exists and we’re willing to look at purchases or swaps on existing cables,” the new Asia head stated.
Meanwhile, Trident CEO Alexis Pinto told CommsDay that a link between Asia and the west coast of Australia remained a strong part of its plans. Despite Vocus starting work on its Australia Singapore Cable project, Pinto said demand was growing so strongly that a second cable between Perth and Asia was now viable.
“Traffic is growing exponentially and you’re seeing strong demand from tier 1 content providers and a number of new datacentre properties moving ahead. What’s happening across Asia and Australia is you’re starting to see demand from cloud services and new applications with new assets and investment coming into the region,” he said, adding that there was also a need for cable redundancy between the west coast and Asia.
“Trident is a strong believer of the importance of enhanced connectivity between Australia and Southeast Asia – this remains at the very core of the company’s plan – and we are committed to the continuous development of building infrastructure networks in the region. We will be proactive in multiple markets, Asia being at the centre of the long-term strategy,” Pinto said.
Trident has previously said that demand for premium network services had enabled it to secure capacity sales in excess of US$20 million for 2017 on the Stage 1 route.