Huawei Technologies and Global Marine Systems, a subsea cable installation and maintenance company, have announced they have entered into a Memorandum of Understanding (MoU) with the intent to establish a joint venture (JV) to deliver end-to-end submarine network solutions to reliably deliver global communication capabilities.

Industry analysts forecast a huge year in 2007 with at least 20 new supply contracts expected to be awarded totaling nearly 100,000 route-kilometers - largely driven by two transpacific cable projects and a number of medium-sized (2,000-10,000 kilometer) systems.