Global Infrastructure SherpaHawaiian Telecom partners with I.T. International Telecom Marine SRL for Kunoa North inter-island fiber optic cable system
USD87M
Deal Value
Hawaiian Telecom announced an agreement with I.T. International Telecom Marine SRL (IT) for the turnkey design, supply, and installation of the Kunoa North inter-island fiber optic cable system, a project valued at $87 million. This partnership aims to enhance connectivity and create a more resilient fiber network across the Hawaiian Islands, with $37 million of the financing provided by a NTIA grant and the remaining $50 million by Hawaiian Telcom. The repeater-less project is expected to be completed in 2028, adding much-needed redundancy to Hawai’i’s subsea digital infrastructure.
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Counterparts (3)
Partner
I
I.T. International Telecom Marine SRL (IT)
H
Hawaiian Telecom
Hawaiian Telcom is a telecommunications company operating Hawaii's largest fiber network, providing internet, voice, and TV services to residential and business customers across the state. It has been connecting Hawaii for over 135 years and is a subsidiary of Cincinnati Bell Inc., which is owned by Macquarie Infrastructure Partners.
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Hawaiian Telcom is making a key investment to fortify Hawai'i's digital infrastructure, partnering with I.T. International Telecom Marine SRL for the $87 million Kunoa North inter-island fiber system. This project, set for 2028 completion, will introduce much-needed redundancy to the state's subsea network, enhancing overall resilience across the islands. The National Telecommunications and Information Administration is providing a substantial $37 million grant, covering over 40% of the total cost, with Hawaiian Telcom financing the remaining $50 million. The repeater-less design aims for robust, long-term connectivity for the archipelago.
- $87 million total project value.
- NTIA grant covers $37 million of financing.
- Repeater-less fiber system design.
- Expected completion in 2028.
Timeline
Announced
Mar 12, 2026
Signed
Closed
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