Grid Telecom, a subsidiary of the Impartial Energy Transmission Operator (IPTO) of Greece, has partnered with the Dawiyat Built-in Telecommunications and Info Know-how Firm, an entirely owned subsidiary of Saudi Electrical energy Firm (SEC) in Saudi Arabia, to construct a brand new high-capacity cable system connecting Greece with the Kingdom of Saudi Arabia.
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Particulars of the New Cable System
The brand new cable system will hyperlink Saudi Arabia with the Greek island of Crete, extending westward to main locations in Europe and eastward to the whole Arabian Peninsula.
Advantages and Future Tasks
The partnership between Grid Telecom and Dawiyat Built-in will present synergies for his or her participation in extra tasks that create long-term worth, similar to the event of hyperscale-ready knowledge facilities and gateways between continents, the businesses mentioned in a joint assertion on Tuesday.
Grid Telecom mentioned, “On this framework, our collaboration with Dawiyat Built-in in constructing a brand new cable system will help the implementation of a brand new hall between Greece and Saudi Arabia. Furthermore, it’ll improve the strategic position of Crete as a regional open-access interconnection node within the Jap Mediterranean and the Balkans.”
“Our partnership with Grid Telecom in a consortium to construct a brand new cable system will improve our community’s resiliency and attain,” mentioned Dawiyat Built-in.
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“IPTO is already collaborating with Saudi Electrical energy Firm (SEC) by its wholly owned subsidiary Nationwide Grid by establishing ‘Saudi Greek Interconnection,’ a particular objective firm for conducting feasibility research associated to the implementation of the Greece-Saudi Arabia electrical energy interconnector.” mentioned IPTO.
“Now, by becoming a member of forces with Dawiyat Built-in, additionally wholly owned by SEC, we’re constructing a brand new numerous cable hyperlink within the Jap Mediterranean, bringing progressive telecommunications options to the area,” IPTO added.
Dawiyat Built-in’s Position within the Market
Dawiyat Built-in is the impartial wholesale service supplier within the Kingdom of Saudi Arabia, with licenses to construct and function worldwide cable programs and cable touchdown stations.
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The partnership between Grid Telecom and Dawiyat Built-in will convey superior knowledge transport options to the market, creating a brand new telecommunications bridge between Europe and the Center East, the official launch mentioned.