Lebanon, Cyta in telecom link to Europe via Cyprus.
As part of the agreement, LMoT will buy multiple capacity connectivity to France and Egypt, thus enhancing the robustness of Lebanon's international access through physical diversity and significant increase in bandwidth.
The two sides have also signed an MoU for the construction of the Europa system, a new high-capacity undersea cable between Cyprus and Lebanon, which is expected to be ready by 2015 or earlier. This enhance and gradually replace the existing CADMOS cable system, also connecting Lebanon and Cyprus. At the same time, Europa will form a bridge between the IMEWE cable system landing in Lebanon and Alexandros cable subsystem landing in Cyprus.
Cyta Chairman Stathis Kittis accompanied by CEO Aristos Riris amd senior officials attended the signing ceremony in Beirut together with Telecommunications Minister Nicolas Sehnaoui, accompanied by LMoT Director General Naji Andraos and other officials.
Cyta, through its strategic business unit Cytaglobal (), is particularly active in the area of international submarine fibre optic cables, providing wholesale products and services on a global basis, and has established Cyprus as a regional telecoms hub in the Eastern Mediterranean.
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|Publication:||Financial Mirror (Cyprus)|
|Date:||Mar 8, 2013|
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