Gibtelecom Inks Partnership with Monaco Telecom
Published on: 18th Nov 2012
Note -- this news article is more than a year old.
Gibraltar based Gibtelecom says that it has signed a partnership with Monaco Telecom and as a result, they are now directly connected as both places are landing stations on the Europe India Gateway (EIG) submarine cable, and the arrangement sees Gibtelecom becoming a communications carrier of choice for Monaco Telecom.
Concurrently Gibtelecom is to lease capacity from Monaco Telecom to provide it with a new communications access route to the European market.
Gibtelecom's CEO Tim Bristow said "this mutually beneficial deal strengthens a longstanding friendship between both companies," adding that "This will be the first time in over a century that a communications link from Gibraltar has headed directly east by sea from Gibraltar".
Gibtelecom is one of the founding members of the EIG consortium, which since 2011 has operated a 15,000km submarine cable from London (UK) to Mumbai (India). The EIG cable has thirteen landing points, including Gibraltar and Monaco, and spans three continents. The EIG cable landing in Monaco extends to a landing station in Marseille, which is a major European communications hub.
Gibtelecom is a joint venture company owned by Telekom Slovenije and the Gibraltar Government.