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superloop-subsea-cable-network.png The BigAir acquisition will also allow Superloop to accelerate its fibre rollout across Australia, Slattery said, and make use of BigAir's fibre-extender millimetre wireless solution for services within a 1km to 4km radius. Combined with Superloop's fibre network, it claims to deliver a low-cost 10Gbps download/10Gbps upload access alternative to NBN, while also avoiding NBN's CVC charge , which Slattery has previously labelled " galactically stupid pricing ". Superloop in February also signed a capacity agreement with Vocus Communications, giving it a 15-year indefeasible right of use for international, inter-capital, and regional Ethernet access and metropolitan fibre capacity across Australia. Under the AU$20 million deal, Superloop will upscale Vocus' metro, national, and international capacity, which will increase the value of its BigAir acquisition, with services to begin coming online in July 2017. Superloop reported a net loss of AU$2 million for the first half of the 2017 financial year, improving on the AU$3.5 million loss recorded for FY16, on reported earnings before interest, taxes, depreciation, and amortisation (EBITDA) of negative AU$6.5 million. Superloop's revenue jumped by 351 percent year on year to reach AU$8.8 million. ASC locks in final design with Alcatel Submarine Networks Vocus has also announced that it has reached a final agreement with Alcatel-Lucent Submarine Networks -- now a division of Nokia -- on the design and technical specifications of its own subsea cable system, the Australia Singapore Cable (ASC). Originally a 50-50 joint-venture deal between Vocus and Nextgen Networks , the 4,600km ASC cable will connect Perth with Singapore and Indonesia, with completion set for August 2018 at a cost of $170 million. A deal signed between Vocus and Nextgen Networks in November 2015 pinned the cost of the cable at around $120 million. Vocus subsequently purchased Nextgen Networks for AU$700 million in June last year, with Vocus and Alcatel-Lucent Submarine Networks in December signing an agreement to build the ASC .

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