Nov 20 Economy

Cyprus and Lebanon to construct new subsea cable system
http://www.lebanese-forces.org/local/Cyprus-and-Lebanon-to-construct-new-subsea-cable-system1005586.shtml
By FAMAGUSTA GAZETTE
Nov 20, 2011 - 7:30:13 AM

Cyprus Telecommunications Authority (Cyta) and Lebanese Ministry of Telecommunications have confirmed their willingness to look into planning and constructing a new high-capacity submarine cable system between Cyprus and Lebanon.

According to a joint press release, the two authorities had a high level bilateral meeting on the matter in Beirut.

The new cable system, called EUROPA, will be interconnected with the ALEXANDROS subsystem to provide connectivity to European destinations and beyond, forming a telecommunications bridge between the Middle East and Europe.

After the meeting Lebanese Minister of Telecommunications Nicolas Sehnaoui expressed his support for the EUROPA Cable System, thereby demonstrating Lebanon's willingness to enhance its cooperation in the field of international telecommunications with Cyprus.

On his part Cyta's CEO Photis Savvides pointed out that the EUROPA Cable System will foster a new partnership between Cyta and the Lebanese Ministry that will enhance the strategic role of Cyprus through Cyta, as a major hub in the Eastern Mediterranean and facilitate Lebanon's strategic goal to strengthen its position in the international telecommunications landscape, as a bridge between Asia and Europe.