Subsea cable operator FLAG to invest ₹355-crore in India, bats for predictable regulations
NEW DELHI: Global subsea cable operator FLAG, formerly Global Cloud Xchange (GCX), has said India is one of its most strategically significant markets, with plans to invest nearly $40 million (~₹355 crore) and is considering expanding its domestic footprint.
“India is one of our most strategically significant markets, and where most of our human capital is. India’s rapid digital transformation presents immense opportunities, and we have responded with targeted investments and strategic partnerships,” Carl Grivner, CEO, FLAG, told ETTelecom in an interview.
