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03 June 2009

Cyta CY: agrees to extend TEN to Cyprus

02 06 2009 - Cyprus Telecommunications Authority (Cyta) has agreed to purchase capacity on Telecom Egypt’s new TEN international submarine cable system and extend the network to Cyprus, according to TradingMarkets.com.

TEN is currently being built by Alcatel-Lucent and is expected to be operative by the year-end. Under the agreement the Cypriot incumbent telco will purchase a fibre-pair on the TEN system and Telecom Egypt will in turn benefit by transporting Cyta traffic to European and Asian destinations, while cost-effectively accessing regional markets via Cyprus.

The TEN cable is designed to link Egypt to France with over ten terabits of bandwidth, and will allow branching to other Mediterranean countries when necessary, forming MedGateway, a bridge between Mediterranean countries, Europe and Asia. Cyta has cables linking Cyprus to the Levant region, Greece, Egypt, Italy and other European areas, serving as a hub provider for regional telecoms in the eastern Mediterranean. Its new fibre-pair subsystem will be named ALEXANDROS.

Source: Telegeography



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