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Longreach goes undersea with OCC investment

2006-08-01
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Asian Venture Capital Journal
News
Longreach goes undersea with OCC investment

Article says that the Longreach Group has agreed to purchase the stake in Ocean Cable & Communications Corp. (OCC) held by the Industrial Revitalization Corporation of Japan. OCC produces both submarine and onshore communications cables and equipment. The article says OCC's market share in submarine cables is reportedly 80% in Asia and close to 

100% in Japan.

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