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FINANCIAL NEWS
Omantel inks deal with Gulf Bridge International
09 May 2010
(MENAFN) Omantel, Oman�s leading telecommunications provider, said that it has signed an agreement with Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, to provide a landing station for GBI’s cable in Oman, Times of Oman reported.
The GBI Cable System, which will utilize the latest subsea fiber cable technology, will connect all the countries of the Gulf region to each other and provide onward connectivity to Europe and Asia.
The launch of GBI�s cable system will provide telecom operators and other communications companies, both in the region and globally, with greater choice, value, diversity and resilience.
Scheduled to launch in 2011 and designed to operate for up to 25 years, the GBI cable system will connect all the Gulf countries via a core ring, which can re-route traffic thereby increasing resilience.
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