Published by Global Banking & Finance Review®
Posted on December 17, 2024
1 min readLast updated: January 27, 2026
Fincantieri and Sparkle join forces to enhance submarine cable protection, focusing on digital security and infrastructure resilience in Italy.
(Reuters) - Italy's Fincantieri and Telecom Italia's submarine cables unit Sparkle said on Tuesday they agreed to develop solutions for the surveillance and protection of submarine telecommunications cables.
The deal aims to ensure the operational resilience of infrastructure which is considered key for Italy's connectivity and growth in the technological sector, the companies said in a joint statement.
"With this collaboration, not only do we strengthen our commitment to digital security, but we also implement the development of underwater civilian operations alongside military ones," Fincantieri Chief Executive Pierroberto Folgiero said.
The state-controlled shipbuilder is increasingly investing in the underwater sector as it sees it as a growing business given the existing geopolitcal tensions and the increasing reliance on submarine networks.
Sparkle owns a fiber-optic network of more than 600,000 kilometres, of which 90% is made of submarine cables. It has projects for their protection with several partners, including one signed with the Italian Navy in 2022.
(Reporting by Alberto Chiumento, editing by Giulia Segreti)
The collaboration between Fincantieri and Sparkle to protect submarine telecommunications cables.
It ensures the operational resilience of critical infrastructure for Italy's connectivity and technological growth.
Fincantieri, a state-controlled shipbuilder, and Sparkle, Telecom Italia's submarine cables unit.
Explore more articles in the Finance category
