Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Essex Rental Corp. earned a news sentiment score of 0.40 on Alpha Ones scale. Alpha One also gave news stories about the company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the companys share price in the next several days. ( NASDAQ:ESSX ) opened at 0.22 on Tuesday. The firms market cap is $5.54 million. Essex Rental Corp. has a 12-month low of $0.12 and a 12-month high of $0.34. The firm has a 50-day moving average price of $0.14 and a 200-day moving average price of $0.18. COPYRIGHT VIOLATION WARNING: This news story was originally posted by BBNS and is the sole property of of BBNS. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S.
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“SubPartners is also responsible for the procurement, provision, operation, and maintenance of the shore end infrastructure
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for Indigo Central in Sydney, and will receive fees of approximately $5.3 million from the Indigo consortium over FY17 and FY18,” Superloop added. (Image: Screenshot by Corinne Reichert/ZDNet) SubPartners, founded by Slattery in 2012, was formed with the aim of building a subsea cable connecting the west coast of Australia with Singapore. According to Slattery, the cost of operating the cable has been reduced significantly by the sharing of ownership between the parties. SubPartners is also constructing the APX-West Perth to Singapore subsea cable with Telstra and Singtel, which will be 4,500km long with two fibre pairs providing a minimum of 10Tbps capacity each pair and two-way data transmission, and is expected to be completed by 2018. Superloop, meanwhile, recently completed construction of its 1,728 fibre core Hong Kong subsea cable TKO Express, which connects Chai Wan on Hong Kong Island and Tseung Kwan O (TKO) Industrial Estate — Hong Kong’s new major hub for technology, datacentre, financial, and media companies, as well as submarine cable landing stations — on the mainland. In addition, Alcatel Submarine Networks — now a division of Nokia — also recently reached a final agreement with Vocus Communications on the design and technical specifications of its own subsea cable system, the Australia Singapore Cable (ASC). Originally a 50-50 joint-venture deal between Vocus and Nextgen Networks , the 4,600km ASC will connect Perth with Singapore and Indonesia, with completion set for August 2018 at a cost of $170 million. A deal signed between Vocus and Nextgen Networks in November 2015 pinned the cost of the cable at around $120 million. Vocus subsequently purchased Nextgen Networks for AU$700 million in June last year, with Vocus and Alcatel-Lucent Submarine Networks in December signing an agreement to build the ASC . The cable comprises a four-pair fibre system with a minimum total capacity of 40Tbps; the option to connect the system to Vocus’ cable landing station in Port Hedland, Western Australia, in future; and a branch providing 150x100Gbps per fibre pair between Singapore and Indonesia.
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