Memorandum of Understanding for the Construction of a New Fiber Optic Network
Grid Telecom, a subsidiary company of the Hellenic Telecommunications and Post Commission (EETT), and Dawiyat Integrated, a telecommunications subsidiary of the Saudi Electricity Company (SEC), have signed a Memorandum of Understanding (MoU) for the construction of a new fiber optic network that will connect Greece with Saudi Arabia.
The collaboration between Grid Telecom and Dawiyat Integrated aligns perfectly with the strategic goals of both companies to expand their international networks, as emphasized in a statement by EETT. This agreement also lays the foundation for developing partnerships in the future.
New Fields of Business Development
A new digital pathway connecting Saudi Arabia to Greece, through Crete, will extend westward to important destinations in Europe and eastward throughout the Arabian Peninsula. This initiative aims to strengthen data transfer between different continents.
The President and CEO of ADMIE, Mr. Manos Manusakis, stated that “ADMIE is expanding its strategic partnership with the Saudi Electricity Company and in the field of business development, focusing on the creation of hyperscale-ready data centers that will enhance data transfer between different continents.”
Enhancing Telecommunications Infrastructure in the Eastern Mediterranean
Grid Telecom and Dawiyat Integrated have come together to create a new telecommunications “bridge” of ultra-high speeds for data transfer in the Eastern Mediterranean region, contributing to the digital convergence of the wider area.
In conjunction with the common plans of ADMIE and National Grid, a subsidiary of the Saudi Electricity Company, to construct a new electrical interconnection between the two countries, we are creating the conditions for both Greece and Saudi Arabia to become crucial energy and digital players.
Enhancing Connectivity in Europe, Africa, and Asia
At the crossroads of Europe, Africa, and Asia lies a region known for its strategic importance in global connectivity. Companies like Dawiyat Integrated are working tirelessly to strengthen and expand their international networks to meet the growing demand for connectivity on a regional and global scale.
Building a Resilient Network
Through a partnership with Grid Telecom, Dawiyat Integrated is embarking on a joint venture to construct a new cable system that will enhance the resilience and reach of their network. Leveraging the strategic position of Crete, this new cable system will play a crucial role in meeting the connectivity needs of the region.
Expanding Telecommunication Services
Grid Telecom President, Kostas Agathakis, announced a new partnership with Dawiyat Integrated to build a new cable system connecting Saudi Arabia with Greece and the Balkans. This new system will serve as a gateway to Europe, enhancing telecommunication services for partners and customers.
Agathakis stated, “We are constantly seeking ways to strategically expand our services to partners and clients. Our collaboration with Dawiyat Integrated for the construction of this new cable system will support the implementation of a significant telecommunication corridor between Greece and Saudi Arabia, strengthening Crete’s strategic role in the process.”
The strategic importance of the high geopolitical value fiber optic hub in the Eastern Mediterranean and the Balkans
According to the ADMIE, Grid Telecom is continuously strengthening its position in the Greek market of wholesale telecommunications services, leveraging the extensive optical network of ADMIE in Greece and neighboring countries. At the same time, by expanding and interconnecting its points of presence with the proprietary optical network it is developing, its subsidiary creates a new neutral open access hub in the wider Balkan region.
Dawiyat Integrated: Leading Telecommunications Provider in Saudi Arabia
Dawiyat Integrated is the top wholesale telecommunications provider in Saudi Arabia, with a wide portfolio of planned international cable systems and fiber optic cable landing stations. The company’s investments in modern telecommunications infrastructure aim to support the digital transformation and business development of Saudi Arabia, by providing integrated and innovative cutting-edge technology solutions to its domestic and international customers.
The importance of a healthy diet for a balanced lifestyle
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