logo
Consortium to build Asia-Africa-Europe-2 subsea cable system

Consortium to build Asia-Africa-Europe-2 subsea cable system

Trade Arabia11-06-2025

A consortium of four powerful subsea cable operators, namely Zain Omantel International (ZOI), PCCW Global, Sparkle, and Telecom Egypt have signed a memorandum of understanding (MoU) to collaborate on the construction of the Asia-Africa-Europe-2 (AAE-2) subsea cable system.
The project aims to establish a robust next-generation subsea digital link connecting Hong Kong and Singapore to Italy traversing secure and high-capacity terrestrial corridors across Thailand, the Arabian Peninsula, and Egypt. It is planned to strategically deliver unprecedented capacity and foster seamless, reliable connectivity across the three continents.
AAE-2 will also feature strategic extensions to additional key destinations across its route, further enhancing intercontinental connectivity and supporting the growing demands of cloud services, content delivery, and digital transformation initiatives across the regions.
This ambitious initiative is designed to revolutionise global connectivity by delivering a geographical diverse, resilient, and high-performance route for international traffic. By integrating both subsea and terrestrial infrastructure, AAE-2 will create a future-proof data highway between Asia, Africa and Europe.
Building on the legacy of the AAE-1 cable, AAE-2 will incorporate the most advanced technological innovations offering unprecedented bandwidth capacity to serve the tremendous traffic needs and empowering communities and businesses across Asia, Africa and Europe.
The project is spearheaded by industry leaders ZOI, PCCW Global, Sparkle, and Telecom Egypt, combining expertise and resources to deliver a world-class infrastructure. This groundbreaking project marks a vital step in addressing the increasing demand for robust internet infrastructure, facilitating faster data transfer and improved connectivity across multiple regions. The consortium is dedicated to ensuring the successful delivery of this transformative infrastructure project, which will play a crucial role in shaping the future of global connectivity.
Sohail Qadir, Chief Executive Officer of ZOI, commented: "This collaboration marks a defining milestone for ZOI and the region we proudly serve. As the international gateway for the Middle East, we are uniquely positioned at the crossroads of Asia, Africa and Europe, making us a strategic enabler of next-generation connectivity. AAE-2 reflects our long-term vision to connect continents and digital ecosystems through resilient and state-of-the-art infrastructure. Our cooperation brings together advanced infrastructure, diverse terrestrial routes and AI-ready capacity. AAE-2 will strengthen global traffic flows, empower emerging markets and unlock new avenues for economic growth across the region and beyond.'
Frederick Chui, Chief Executive Officer of PCCW Global, commented: 'PCCW Global is proud to contribute to the AAE-2 initiative, building on our legacy of supporting vital global infrastructure. Following our instrumental role in the success of the AAE-1 system, we are pleased to bring our expertise to AAE-2, an advanced, high-capacity and geographically diverse subsea cable system connecting Asia and Europe. This next-generation network underscores our continued commitment to delivering resilient, secure and scalable connectivity for key markets such as Hong Kong, empowering the digital growth of tomorrow.'
Enrico Bagnasco, Chief Executive Officer of Sparkle, commented: 'The AAE-2 cable system is an innovative project perfectly in line with Sparkle's long-term strategy to strengthen the Asia-Africa-Europe corridor by enhancing route diversity and ensuring the highest levels of network resilience. In recent years, we have invested in new submarine systems and established advanced landing hubs along this strategic route, reinforcing our commitment to reliable global connectivity. Among the key initiatives, the Blue & Raman submarine cable systems- linking Italy to India through an innovative path - together with the strengthening of the Sicily Hub in Palermo and the hub in Chania as well as the creation of a brand-new scalable landing platform in Genoa. With AAE-2, we are taking a further step forward, contributing to the creation of a distinctive infrastructure that combines terrestrial and subsea solutions to deliver secure, high-capacity, and low-latency connectivity in support of the digital transformation of businesses and communities worldwide"

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US steps up sanctions as Mideast attacks flare
US steps up sanctions as Mideast attacks flare

Daily Tribune

time6 hours ago

  • Daily Tribune

US steps up sanctions as Mideast attacks flare

AFP | Washington The United States issued new Iran-related sanctions yesterday, taking aim at the procurement of machinery for the country's defense industry at a time when war is flaring in the Middle East. The US Treasury Department said it was targeting an individual and eight entities over their roles in the sourcing and transshipment of 'sensitive machinery for Iran's defence industry.' 'The United States remains resolved to disrupt any effort by Iran to procure the sensitive, dual-use technology, components, and machinery that underpin the regime's ballistic missile, unmanned aerial vehicle, and asymmetric weapons programs,' said Treasury Secretary Scott Bessent in a statement. He added that Treasury would continue to target Iran's ability to make and proliferate such weapons, 'which threaten regional stability and global security.' The action comes as conflict is heating up in the Middle East. Iran has been firing daily missile salvos at Israel for the past week, since a wide-ranging Israeli attack on the Islamic Republic's nuclear installations and military bases triggered war. The Treasury's latest targets included Iranian firm Towse Sanaye Nim Resanaye Tarashe and Hong Kong-based Unico Shipping Co, whose vessel was carrying machinery for a designated company. In a separate statement, the Treasury Department said it imposed sanctions directed at Yemen's Iran-backed Huthi rebels as well -- on four individuals, 12 entities and two vessels that imported oil and other illicit goods in support of the group. 'The Houthis rely on a series of front companies and trusted facilitators to clandestinely generate revenue, procure weapons components, and advance their reign of terror in partnership with the Iranian regime,' said US Deputy Treasury Secretary Michael Faulkender. He said the latest move was the department's 'most significant to date against the group.' In a separate statement, State Department spokesperson Tammy Bruce added that Washington seeks to deprive the Huthis of 'resources they need to carry out their reckless and destabilizing actions.'

Shell CEO: Contingency Plans Ready If Strait Of Hormuz Closure Triggers Energy Shock
Shell CEO: Contingency Plans Ready If Strait Of Hormuz Closure Triggers Energy Shock

Gulf Insider

time10 hours ago

  • Gulf Insider

Shell CEO: Contingency Plans Ready If Strait Of Hormuz Closure Triggers Energy Shock

Shell Plc is preparing contingency plans in case the conflict between Israel and Iran broadens and disrupts oil and gas flows through the critical maritime chokepoint of the Strait of Hormuz. On Thursday, CEO Wael Sawan told Bloomberg's Shery Ahn at the Japan Energy Summit & Exhibition in Tokyo, 'If that artery is blocked, for whatever reason, it has a huge impact on global trade,' adding, 'We have plans in the eventuality that things deteriorate.' Although energy flows through the critical waterway—responsible for approximately 20% of global oil trade—remain uninterrupted (at the moment), traders have been on high alert all this week amid widespread GPS jamming in the region, which has degraded navigational awareness and may have contributed to what is shaping up to be a major ecological disaster. On Wednesday, former Iranian Economy Minister Ehsan Khandouzi stated on X and warned… 'Starting tomorrow, for 100 days, no oil tankers or LNG cargoes will be able to pass through the strait without Iran's approval,' Khandouzi said. He stated, 'This policy is decisive if it is implemented in a timely manner. Any delay in its implementation means enduring more war inside the country. Trump's battle must be ended with a combination of economy and security.' Such messaging, especially when paired with the Islamic Revolutionary Guard Corps (IRGC) naval activity in the region, raises the increasing probability of IRGC actions targeting commercial shipping lanes in the strait. This escalation could serve as the catalyst that turns JPMorgan's $120–$130 per barrel Brent crude forecast from a scenario into a market reality. Back to Shell's CEO—he told Bloomberg's Shery Ahn, 'What is particularly challenging right now is some of the jamming that's happening,' adding that 'Shell is being very careful' along major maritime routes in the region. The most imminent threat of a Strait of Hormuz blockade could come as soon as this weekend. Bloomberg reported overnight: Senior US officials are preparing for the possibility of a strike on Iran in coming days , according to people familiar with the matter, as Israel and the Islamic Republic continue to exchange fire. Some of them pointed to potential plans for a weekend strike . Top leaders at a handful of federal agencies have begun getting ready for an attack, one person said. Commenting on the dire situation, Manish Bhargava, CEO of Singapore-based Straits Investment, warned, 'Direct US involvement in an attack on Iran would almost certainly trigger a major spike in oil prices.' He said, 'This surge would aggravate global inflation, making central bank efforts — like the Fed's — to control it more difficult and potentially delaying interest rate cuts.'

Global consortium in deal to build AAE-2 subsea cable network
Global consortium in deal to build AAE-2 subsea cable network

Trade Arabia

time11-06-2025

  • Trade Arabia

Global consortium in deal to build AAE-2 subsea cable network

In a landmark move to advance global connectivity, a consortium of four powerful subsea cable operators - Zain Omantel International (ZOI), PCCW Global, Sparkle, and Telecom Egypt - have signed a MoU to collaborate on the construction of the Asia-Africa-Europe-2 (AAE-2) subsea cable system. A next-generation subsea digital link, AAE-2 will be linking Asia, Africa and European continent, as part of its efforts to empower emerging markets as well as drive digital transformation and unlocking economic growth. The project is spearheaded by industry leaders combining expertise and resources to deliver a world-class infrastructure. This groundbreaking project marks a vital step in addressing the increasing demand for robust internet infrastructure, facilitating faster data transfer and improved connectivity across multiple regions. The consortium aims to deliver unprecedented capacity and reliable connectivity by creating a future-proof data highway across the three continents. It is dedicated to ensuring the successful delivery of this transformative infrastructure project, which will play a crucial role in shaping the future of global connectivity. The project aims to establish a robust next-generation subsea digital link connecting Hong Kong and Singapore to Italy traversing secure and high-capacity terrestrial corridors across Thailand, the Arabian Peninsula, and Egypt. It is planned to strategically deliver unprecedented capacity and foster seamless, reliable connectivity across the three continents, it added. On the mega initiative, Zain Omantel International CEO Sohail Qadir said: "This collaboration marks a defining milestone for ZOI and the region we proudly serve. As the international gateway for the Middle East, we are uniquely positioned at the crossroads of Asia, Africa and Europe, making us a strategic enabler of next-generation connectivity." "AAE-2 reflects our long-term vision to connect continents and digital ecosystems through resilient and state-of-the-art infrastructure. Our cooperation brings together advanced infrastructure, diverse terrestrial routes and AI-ready capacity. AAE-2 will strengthen global traffic flows, empower emerging markets and unlock new avenues for economic growth across the region and beyond," he stated. AAE-2 will also feature strategic extensions to additional key destinations across its route, further enhancing intercontinental connectivity and supporting the growing demands of cloud services, content delivery, and digital transformation initiatives across the regions. This ambitious initiative is designed to revolutionize global connectivity by delivering a geographical diverse, resilient, and high-performance route for international traffic. By integrating both subsea and terrestrial infrastructure, AAE-2 will create a future-proof data highway between Asia, Africa and Europe. Building on the legacy of the AAE-1 cable, AAE-2 will incorporate the most advanced technological innovations offering unprecedented bandwidth capacity to serve the tremendous traffic needs and empowering communities and businesses across Asia, Africa and Europe. Frederick Chui, Chief Executive Officer of PCCW Global, said: "PCCW Global is proud to contribute to the AAE-2 initiative, building on our legacy of supporting vital global infrastructure. Following our instrumental role in the success of the AAE-1 system, we are pleased to bring our expertise to AAE-2, an advanced, high-capacity and geographically diverse subsea cable system connecting Asia and Europe." "This next-generation network underscores our continued commitment to delivering resilient, secure and scalable connectivity for key markets such as Hong Kong, empowering the digital growth of tomorrow," he stated. Sparkle CEO Enrico Bagnasco said: "The AAE-2 cable system is an innovative project perfectly in line with Sparkle's long-term strategy to strengthen the Asia-Africa-Europe corridor by enhancing route diversity and ensuring the highest levels of network resilience." "In recent years, we have invested in new submarine systems and established advanced landing hubs along this strategic route, reinforcing our commitment to reliable global connectivity," he noted. Among the key initiatives are the Blue & Raman submarine cable systems - that links Italy to India through an innovative path - together with the strengthening of the Sicily Hub in Palermo and the hub in Chania as well as the creation of a brand new scalable landing platform in Genoa. "With AAE-2, we are taking a further step forward, contributing to the creation of a distinctive infrastructure that combines terrestrial and subsea solutions to deliver secure, high-capacity, and low-latency connectivity in support of the digital transformation of businesses and communities worldwide," stated Bagnasco. Telecom Egypt Managing Director and CEO Mohamed Nasr said: "Over the years, we have made major investments and established partnerships to develop our cutting-edge subsea cable infrastructure, that we are witnessing today." "The construction of AAE-2 cable system is a continuation of our success stories as a global data connectivity provider and is another testament to our commitment to driving digital connections through major collaborations," he noted.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store