RELEASE - 5 March 2020

OMAN AUSTRALIA CABLE (OAC) ENTERS FULL CONTRACT IN FORCE STATUS WITH TARGET COMPLETION DECEMBER 2021

Brisbane, Australia 5th March, 2020 – SUB.CO today announced its Oman Australia Cable project has entered contract in force status (CIF) with its final system connection expected to be completed in December, 2021. The project delivers a new international subsea cable system identified as “OAC” that will directly connect Muscat, Oman to Perth, Australia.

Bevan Slattery, founder of SUB.CO said, “I am delighted that OAC is now CIF and importantly we have been able to secure the required manufacturing and marine installation assets with SubCom to allow for a targeted 2021 completion date. With a series of other major submarine cable projects looking to enter CIF status in the next quarter, this is a tremendous coup for the project and reduces project implementation risks and funding costs significantly.”

David Coughlan, CEO of SubCom noted: "Once deployed, OAC will enable high-capacity, low-latency transmission and open a much-sought route between Australia and EMEA. SubCom is very pleased to be moving forward with this project and we are confident in our ability to implement what will be a powerful and reliable system on behalf of SUB.CO."

Once completed, OAC will be the only submarine cable directly connecting continental Australia and EMEA, providing the first secure, diverse, express and lowest latency route between the two continents. The OAC cable system design is a three (3) fibre pair system with an option to upgrade to four (4) fibre pairs based upon final demand and will span approximately 9,700 km, with branching units designed to potentially extend the system into Salalah, Oman and Djibouti in the future.

About SUB.CO

Founded by industry veteran Bevan Slattery, Sub.co is a specialist consulting and investment company focusing on assisting the development of submarine cable projects and potentially investing in specialist projects alongside infrastructure investment partners.

Previous projects undertaken by the management team include Sydney to Guam Cable (PPC-1), Sydney to Los Angeles (Endeavour & AAG), Singapore to Perth Cable (Indigo West) and Australia’s first transcontinental fibre optic submarine cable (Indigo Central).

For more information contact Bevan Slattery on +61 7 3088 5900 or email media@sub.co

SUB.CO ARE SUBMARINE CABLE INFRASTRUCTURE DEVELOPMENT SPECIALISTS

Founded by internet entrepreneur Bevan Slattery, SUB.CO has assembled an experienced team of submarine cable experts with deep experience in all aspects of designing, financing, constructing and operating submarine cable infrastructure.

SUB.CO provides cable system design, consultation and can also assist with cable systems development and associated assets. With ownership interests in Indigo West and Central cable assets as well as the OAC cable project, SUB.CO is demonstrating a commitment to investment in strategic submarine cable assets helping fuel the growth in cloud connectivity around the world.

The Oman Australia Cable

A new express subsea cable connecting EMEA to Australia and beyond

The Oman Australia Cable will directly connect Muscat, Oman and Perth, Australia thus providing the only express cable between the two continents and when connected to the Indigo Cable System, will form part of a new “Great Southern Route” between the United States, Australia and EMEA.

In addition to providing express connectivity, the OAC will also deliver the lowest latency path between Australia and EMEA as well as complete diversity from all existing systems west of Australia. The OAC has been designed so that it is the only system that avoids zones which have a history of cable damage due to external aggression (Aunda straits) and also subject to territorial disputes (South China Sea).

Project Specifications

Key Management

Meet the SUB.CO management team

Bevan Slattery

CEO & Founder

Bevan Slattery is a well-known technology entrepreneur with a proven track record in founding a series of successful technology companies and building large scale infrastructure projects.

Carlos Trujillo

Chief Commercial Director

Carlos is responsible for Commercial decisions and management. He has worked with major tier 1 carriers in the United States, Europe and throughout Asia, and was most recently director of international planning at Telstra. He joined Subpartners in 2012 as Commercial Director, going on to become General Manager in 2014.

Lee Harper

Chief Operations Officer

Lee is responsible for overseeing the design, construction, implementation and operation of SUB.CO’s telecommunications infrastructure.

Craig Collinge

Sales Director

Craig has been working in telco for over 20 years and has extensive industry experience. As Sales Director, he is responsible for account management and sales of all SUB.CO capacity and related services on the OAC and INDIGO cable systems.

Project Participants

The companies supporting and managing the project

SUB.CO

OAC Project Management & Australian Landing Party

SUB.CO has many years of experience delivering much-needed capacity infrastructure. SUB.CO has strong relationships with industry experts and hardware providers, and the access to the funding required to deliver major infrastructure projects.

SubCom

System Supplier

SubCom brings a vast depth of network resources, industry knowledge and global experience that support on-time cable system delivery and meet the needs of its customers worldwide. As a pioneer in undersea communications technology and marine services, SubCom offers the cutting-edge technologies needed to support the Oman Australia Cable specification.

Omantel

Oman Landing Party

Omantel is the first and leading integrated telecommunications service provider in Oman. Founded in 1970, Omantel is a joint-stock company listed in Muscat Securities Market and is 51% owned by Oman Investment Fund (OIF), a wholly-owned investment arm of the Omani government.