The chairman of the board of Verne Holding, Vilhjálmur Thorsteinsson, which wants to establish a server farm in Iceland, said the Danice marine cable, which the Icelandic government prefers to a cable Hibernia plans to establish, is better.
Morgunbladid reported yesterday that Hibernia Atlantic has sued the government to the EFTA court for violating EEA regulations when deciding to subsidize the establishment of a marine cable between Iceland and Denmark instead of a cable Hibernia plans to establish between Iceland and Ireland.
“We are prepared to pay more for Danice than a cable to Ireland. We think Danice has more to offer,” Thorsteinsson told Morgunbladid.
Thorsteinsson said Danice is more expensive but also has better quality than the marine cable Hibernia wants to establish, which is based on technology developed by a Chinese company and has never been used for marine cables before.
“We knew that Hibernia has ideas about establishing a marine cable between Iceland and Ireland and to connect it with a cable that they own there that goes from Dublin to Boston,” Thorsteinsson said. “When we investigated the matter we realized that it is much more desirable to be connected directly with the mainland.”
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