Monaco Telecom, a Cable & Wireless Communications’ business, says it has recently entered into a strategic communications partnership with Gibtelecom, Gibraltar’s largest communications provider.
Monaco and Gibraltar are now directly connected to each other as both are landing stations on the Europe India Gateway (EIG) submarine cable; Monaco Telecom has selected Gibtelecom to be its preferred carrier on the EIG system. Monaco Telecom will also provide Gibtelecom with communications capacity to access the European market via Monaco which sits in a strategic position within southern Europe’s fiber-optic network.
Martin Péronnet, CEO of Monaco Telecom, said, “EIG has turned Monaco into a key gateway between Europe and the African and Asian continents. This deal will provide direct and secure access to even more international destinations for our customers and partners. It will further increase Monaco Telecom’s presence in the international data communication market”.
Richard Faucheux, Monaco Telecom’s director of carrier services, added, “This contract further cements Monaco as a popular alternative to Marseille as a landing station of choice for carriers wishing to minimize latency and maximize diversity towards key European destinations such as Milan, Frankfurt, Paris, and Zurich.”
Gibtelecom’s CEO Tim Bristow said, “This mutually beneficial deal strengthens a longstanding friendship between both companies. The partnership means that, as well as Monaco Telecom leasing some capacity on the EIG cable, Gibtelecom separately acquires a diverse international route to other European destinations, transiting Monaco through the EIG landing station there. This will be the first time in over a century that a communications link from Gibraltar has headed directly east by sea from Gibraltar.”
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