Grid Telecom, Tamares team up to build cable station in Cyprus

Holding Admie Ipto SA

21/08/2024 14:07

ATHENS, Aug 21 (Reuters) - Grid Telecom, part of 
Greece's power grid operator ADMIE  ADMr.AT , has teamed up with
Israel-based Tamares Telecom to build a cable station and
coastal infrastructure in Cyprus that will enhance digital
connectivity in the eastern Mediterranean region, they said on
Wednesday.
    The two companies last year agreed to build an undersea
optic fibre telecoms cable system to connect Cyprus and Israel
to Greece.
    The new open-access telecoms hub in Cyprus will branch out
to the planned cable system and link the island in the Eastern
Mediterranean to Greece in the west and to Israel, Egypt and the
Arabian Peninsula in the east, the two companies said in a joint
statement.
    The project, a milestone for the expansion of regional
digital infrastructure in the region, will offer wholesale and
corporate clients reliable, secure and high-speed data routes
through the Eastern Mediterranean, the statement added.

 (Reporting by Angeliki Koutantou, Editing by Louise Heavens)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))