PPC: Participation in joint venture for optical fiber cable that will connect Europe to Asia

PPC announced its participation in the joint venture that will emplace the optical fiber data transmission cable that will connect Europe with Asia.

The agreement for the installation of the cable was signed yesterday in the presence of Prince Mohammed bin Salman bin Abdulaziz, Crown Prince of Saudi Arabia and Prime Minister Mr. Kyriakos Mitsotakis by MENA HUB, which belongs to STC of Saudi Arabia, the Greek telecommunications and satellite company TTSA applications, PPC and CYTA which is the telecommunications provider of Cyprus.

Data connectivity

As announced by PPC, the project will ensure a huge increase in data connectivity from Europe to Asia via Saudi Arabia while turning Greece into the European Union’s Eastern Data Gatewayand Saudi Arabia into a Regional Digital Hub between Europe, the Middle East, Africa and Asia.

“The EMC Project enables the Kingdom of Saudi Arabia, Greece and Cyprus to leverage their geographic location, creating a much-needed new data corridor for the global economy, placing the countries at the center of data transfer, storage and creation in the Eurasia, through the creation of a digital connectivity infrastructure between countries, which is the cornerstone of the era of digital transformation”, emphasizes PPC.

“MENA Hub”, the international connectivity and Data Center arm of Saudi Arabia’s STC, will build the cable infrastructure in collaboration with the Greek telecommunications and satellite applications company TTSA.