GBI (Gulf Bridge International), a global cloud, connectivity and content enabler, has responded to the recently released Analysys Mason whitepaper, ‘The role of subsea cables in the economic transformation in the Middle East’. The paper explores the exploding demand for high-quality connectivity in the region and beyond, delving into what’s causing the surge, the opportunities for wholesalers and enterprises and why subsea cable providers located in the Middle East are uniquely positioned to meet these new and complex requirements globally.
According to Analysys Mason, “subsea cables are the backbone of modern communications and are of vital importance to economics across the world.” Responsible for carrying the majority of the world’s data and voice transmissions, there are more than 390 in operation globally, with 30 in the MENA region. The criticalness of such infrastructure is due to the rapidly increasing demand for bandwidth. Between 2014 and 2019, it is estimated that, in the GCC region alone, the number of individuals using internet grew at a CAGR of 8% to 56 million, while international bandwidth grew with a CAGR of 46% – each individual is demanding more bandwidth.
The rising demand for more bandwidth coincides with a need for low latency, highly reliable connectivity. These connectivity characteristics are among the most vital factors in enhancing network performance. With users now requiring global networks to support mission critical tasks and an ever-more diverse range of use cases – from traditional voice and data transmission to gaming, AI development and healthcare – they need their connectivity providers to ensure the most direct route between endpoints to lower latency and optimised connectivity. Therefore, providers which possess a multilayer terrestrial and subsea cable meshed smart network are best suited to deliver, with those in the Middle East found to be even more equipped through ideal geographical placement to bridge East to the West and North to South.
Cengiz Oztelcan, CEO of GBI, comments: “The Analysys Mason whitepaper sets out just how vital subsea cables are to global economies and the continued development of all nations across the planet. High quality connectivity, which means low latency and reliable connections, is essential to meeting new demands and that requires continued investment into cable infrastructure.
“GBI is among the most connected carrier’s carriers in the region, moreover we possess all the provisions required for high quality global connectivity. Our location means we provide the most direct routes between Asia and Europe, with our GBI Smart Network runs through Turkey to major European points of presence and also through the Red Sea to Italy. We have all routes covered meaning we’re the connectivity hub for the GCC region and much further afield. It’s a really exciting time to be in the connectivity space and there’s plenty of opportunities for wholesalers and enterprises to deliver for their customers and users.”
Brendan Press, CCO of GBI, adds: “The GCC region has seen huge growth in recent years and there are still significant opportunities as smart connectivity leads to a further acceleration in digital transformation. The GCC is developing as a hub for access to cloud services, enabling businesses and governments to develop and benefit from an expanding suite of services. Now is the time for telcos and enterprises to focus on optimising connectivity to build a competitive advantage as the market appetite for new service grows rapidly. It’s the providers that can deliver trusted and optimised connectivity now that will provide a platform for digital services and regional growth prospects.”
-Ends-
About Gulf Bridge International (GBI)
Founded in 2008, GBI is a global cloud, connectivity, and content enabler that owns and operates a smart and fully managed network. GBI’s multilayer terrestrial and subsea cable meshed network bridges the East to the West through the Middle East, empowers businesses, connects societies, and contributes to the region’s accelerated digital transformation. GBI is a carrier of choice for telecom operators, ISPs and governments throughout the Middle East, Europe and Asia offering capacity and a portfolio of wholesale and enterprise services. GBI’s value propositions and diverse offerings serve as a catalyst to growth, innovation and contribute to the economic development within the region and beyond. In 2016, GBI won five industry awards for Best Submarine Cable Operator, Best Middle Eastern Wholesale Carrier – Data, Telecoms Company of the year – Qatar, Most Innovative Company – Qatar and an Innovation Award for Network Infrastructure – UK. For more information visit: https://gbiinc.com/
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
