(Finance) – Sparklethe first international services operator in Italy and among the first in the world, launches a project for the creation of GreenMeda new system of submarine cables which will cross the Adriatic Sea connecting Italy to Croatia, Montenegro, Albania, Greece and Turkey, and then extend further into the Mediterranean.
GreenMed will create a innovative fiber optic infrastructure corridor to connect, through a diversified and low-latency route, Central Europe, the Balkans and the Central-Eastern Mediterranean countries. From Italy’s Adriatic coast, the system will connect by land to the rich digital hub of Milan and, from there, to the other major European Internet and cloud nodes.
The project also intends to support the strong development of the Balkan digital market – with a growth forecast of 25% (CAGR 22-29) – offering a safe and diversified route in addition to existing land backbones.
Italy confirms itself as the primary hub of the wider Mediterranean, also connecting the island of Crete in Greece with the GreenMed system, which in recent years has become an important digital gateway for the region and landing point for Sparkle’s BlueMed cable which connects Italy with France, Greece and various countries bordering the Mediterranean up to Aqaba in Jordan.
Enrico BagnascoCEO of Sparkle, comments “With GreenMed, Sparkle continues the expansion of its network by creating a route with highly innovative characteristics that crosses the Mediterranean basin to support the demand for intercontinental connectivity and the growing digitalisation of the Balkan area”.