▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Sparkle and AzerTelecom to cooperate on the Digital Silk Way Project

Memorandum of Understanding on the project that establishes a new digital corridor between Central Asia and Europe

Companies

Sparkle, the first international service provider in Italy and among the top global operators, and AzerTelecom, a leading wholesale telecommunications operator of Azerbaijan, signed a Memorandum of Understanding to establish a cooperation within the “Digital Silk Way” project that aims to create a digital telecommunication corridor between Europe and Asia through Azerbaijan.

Selected as one of the five best strategic infrastructure projects in Asia at the Global Strategic Infrastructure Leadership Forum in 2020, the Digital Silk Way project was initiated by NEQSOL Holding and implemented by AzerTelecom to develop information technologies and digital ecosystem in Azerbaijan and transform the country into a digital hub for the region.

Under the agreement, signed at the Capacity Middle East 2022 global telecommunications event, the parties agreed to evaluate new business opportunities and study the feasibility of jointly establishing and managing a new end-to-end transmission capacity corridor between Central Asia and Europe, also leveraging Sparkle’s existing backbone infrastructure stretching from Turkey to Italy and further on to all the main European hubs.

In the context of an industry where cooperation among operators is key, we are particularly pleased to join the Digital Silk Way project with AzerTelecom on this new path between Europe and Asia that adds diversification - while improving performance - to the existing routes, responding to an increasingly growing need of resiliency and security in global digital communications”, said Elisabetta Romano, CEO of Sparkle.

Digital Silk Way project opens up new opportunities for regional cooperation in the telecommunications sphere. It makes possible to create a new digital route that will be the shortest between Europe and Asia. We believe that our cooperation with Sparkle which shows a great interest to a new route will be beneficial for our companies and contribute to the acceleration of digitalization in the region”, said Fuad Allahverdiyev, Chairman of the Board of Directors of AzerTelecom.

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Alibaba Group Announces March Quarter 2025 and Fiscal Year 2025 Results

$BABA #alibaba--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba”, “Alibaba Group” or the “company”)…

Workhuman Ignites Industry Momentum as the Undisputed Leader in Employee…

#employeerecognition--In a bold validation of its innovative approach to culture-building through employee recognition, Workhuman®, the world’s leading…

U.S. Data Center Construction Market Outlook Report 2025-2030 Featuring…

The "U.S. Data Center Construction Market - Industry Outlook & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The…

Fiserv to Present at Upcoming Investor Conferences

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, announced its participation in the following…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!