The first subsea cable to be laid on the Arctic seabed has secured its first investor, according to Far North Fiber, the joint venture between Cinia, US-based Far North Digital (FND) and Japan's Arteria Networks that is behind the project. 

The Far North Fiber consortium said it plans a 14,000km open network with a 12-fibre-pair cable system and terminal stations in Japan, Ireland and Norway or Finland, as well as a regeneration station in Prudhoe Bay, Alaska, for local add/drop.

The cable, which will run from the Nordic countries to Japan via Greenland, Canada and Alaska, is expected to cut delays in data transmission between Frankfurt and Tokyo by around 30 per cent. 

"The Far North Fiber project is an epoch-making project to build the last remaining submarine cable route connecting Europe with Japan and Asia at the lowest latency and will greatly contribute to the further development of the digital infrastructure environment in Japan regions such...