Greece, Saudi Arabia Eye Fibre Optic Data Cable To Link Europe With Asia (reuters.com) 15
Greece and Saudi Arabia agreed on Tuesday on the main terms to set up a joint venture to lay a fibre optic data cable that will link Europe with Asia, Greek sources said on Tuesday. From a report: The "East to Med data Corridor", an undersea and land data cable, will be developed by MENA HUB, owned by Saudi Arabia's STC and Greek telecoms and satellite applications company TTSA. Greece's power utility Public Power Company (PPC) and Cyprus' telecoms operator CYTA, will also hold a stake in the project, pending final corporate approvals, a Greek diplomat said, speaking on condition of anonymity. The final closing of the deal is expected by July, for the project to launch in autumn and be completed by the end of 2025, the diplomat said.
Guess who is bypassed? (Score:1)
Re:Guess who is bypassed? (Score:4, Insightful)
Re: (Score:1)
Implying Saudi Arabia is a more free nation?
Of course yes. The world had been brainwashed into thinking "free" == "tow US's line" since Soviet Union collapsed.
If Saudi stops selling oil in USD tomorrow, then it would immediately become the next devil incarnate and must have a regime change asap.
Re: (Score:1)
Re: (Score:2)
Greece has quite a bit in common with Russia, it's the shared Orthodox heritage. I first noticed that during the Yugoslavian breakup wars - Greece was cooperating with Israel (!) in running guns to the (Orthodox) Serbs. No idea what Israel was getting from the deal, their interest appeared to be purely financial but that simply means I don't know what else it could have been.
Elon made them an offer they could not refuse (Score:2)
And his solution can not be cut by a Russian sub.
Re: (Score:1)
Lebanon in the middle? (Score:2)
Re: (Score:1)
Re: (Score:2)
Re: (Score:2)
You still need Egyptian permission to dig a cable into the ground next to the Suez canal. It's all Egyptian property now.
Do not look into cable with remaining eye (Score:2)
Greece, Saudi Arabia Eye Fibre Optic Data Cable To Link Europe With Asia
Sorry, I couldn't resist. (I'll get my coat).
Is this unique? (Score:2)
I didnâ(TM)t see many details in the article, but the story in slashdot seems to make it like going from Europe to Asia is a big deal. Iâ(TM)m assuming a boatload of capacity exists. Surely theyâ(TM)re not going the other way âround.
FLAGging past efforts (Score:2)
Middle-Eastern investors funding Europe to Asia cable? Where have I heard that before?
https://www.wired.com/1996/12/... [wired.com]
That is still the best piece of writing about the submarine cable industry that you can find online today.