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FINANCIAL NEWS
Etisalat submarine cables activation to boost UAE internet connectivity
29 Dec 2010
(MENAFN) Ali Amiri, the executive vice president of Etisalat’s carrier and wholesale services division, said that the UAE’s internet connection would be enhanced after a main submarine telecommunications cable was switched on, reported The National.
Amiri explained that a 13,000 kilometer cable called the India-Middle East-western Europe (I-ME-WE) cable, was activated earlier this month and this would raise the internet capacity of the UAE.
Amiri also announced earlier this month that Etisalat joined a consortium of nine members for investing five hundred million dollars in constructing another huge regional submarine fibre-optic cable network.
Amiri added that the I-ME-WE cable would have the design capacity of 3.84 terabits a second. The boost in broadband connectivity comes within a year from the damage of a cable in the Mediterranean Sea slowing internet speed for residents and businesses all over the UAE.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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