Orange, MDM and Equitix Launch Joint Venture to Develop PISCES Cable System

Posted on by Telco Analyst

PISCES Cable System Ltd Orange Equitix MDM Subsea EU CEF Digital (€48.4M)European Digital Sovereignty

In mid-October 2026, French telecommunications operator Orange, global infrastructure investment manager Equitix, and Irish subsea engineering specialist McMahon Design and Management Ltd (MDM) formally launched PISCES Cable System Limited. The dedicated joint-venture entity was established to finance, construct, and operate the PISCES (Promoting Interconnectivity in Subsea Communications for European Sovereignty) subsea system—a 3,125 km, 16-fiber-pair, open-access trunk line engineered to directly link Ireland, France, Spain, and Portugal.

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