Sparkle, a TIM Group company for which it manages the Tier-type network, announced the signing of a Memorandum of Understanding with LPT extension (Libya Postal Telecommunication and Technology Holding Company), a Libyan state telecommunications company active in fixed, mobile and data services, for the infrastructure construction that connects various cities of Libya to Sicily through the new BlueMed submarine cable by Sparkle. This work will connect Libya not only to Italy but also to Europe, opening up new connectivity and development opportunities for the country.
The agreement, signed during the visit to Rome of the Libyan Prime Minister of the Government of National Unity (GUN), Abulhamid Dabaiba, was signed by Mohamed IB. Mohamed Ben Ayad, president of LPTIC, ed Enrico Maria Bagnasco, Chief Executive Officer of Sparkle.
Possible future deals
The agreement also provides for the possibility for Sparkle to offer additional services to LPTIC as well as i rights to BlueMed which will be further examined and detailed by the parties in view of the definitive agreement.
The BlueMed submarine cable will play a key role in the development of telecommunications infrastructure in the Mediterranean region. By connecting Libya to Sicily and the whole of Europe, it will allow for a faster, more reliable and secure flow of data. This will have a positive impact on several sectors, including telecommunications, the digital economy, international trade and tourism.
What is sparkle
Sparkle is the global operator of the TIM group: the leading provider of international services in Italy and among the top ten in the world, it has a proprietary fiber network that extends over 600.000 km across Europe, Africa, the Americas and Asia. Thanks to the IP & Data, Cloud and Data Center, Enterprise, Mobile and Voice platforms, Sparkle offers a complete range of ICT solutions to companies and multinationals, fixed and mobile telephony operators, ISPs, OTTs, content providers and media and application services Service Providers. Sparkle's sales force is active on a global scale with a direct presence in 32 countries.
What is LPTIC
LPTIC is a Libyan state-owned telecommunications company established pursuant to Prime Ministerial Resolution No. (63) in 2005. It operates as a holding company and owns several major telecommunications companies in Libya, including Libyana, Al-Madar, Libya Telecom and Technology, New Generation Technology, International Communications and Libya Phone. These companies play a crucial role in the development of telephone communications, mobile phones and internet connection in the country.
