Keppel secures 25-year fibre pair deal on Bifrost Cable System with global telco
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Keppel has signed a 25-year lease agreement with a global telco for a fibre pair on the Bifrost Cable System, which connects Singapore to the US. The deal grants the telco an indefeasible right of use for the fibre pair. The Bifrost Cable System spans over 20,000 km and began commercial operations in December 2025. Keppel expects to finalize the definitive agreement by Q2 2026. The transaction is not anticipated to significantly impact Keppel's financials for the current year. Keppel's shares rose by 1.5% following the announcement.
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