Latest news with #AzerTelecom
Associated Press
23-05-2025
- Business
- Associated Press
Trans-Caspian Cable Construction Reaches New Milestone
AzerTelecom and Kazakhtelecom Reach Key Milestone in Regional Connectivity Project Linking Asia and Europe Through the Caspian Sea BAKU, AZERBAIJAN, May 23, 2025 / / -- The Trans-Caspian Cable project—set to establish the first fiber-optic connection between Azerbaijan and Kazakhstan—has reached a significant construction milestone. AzerTelecom and Kazakhtelecom, the project owners, are pleased to announce the successful completion of the Desktop Study, a comprehensive pre-engineering assessment of the marine environment and proposed cable route. This achievement marks a strong and promising start to the upcoming submarine installation phase. The final Desktop Study report includes a detailed analysis of marine charts, seabed conditions, environmental factors, and potential route hazards. This foundational data will inform the next stages of the project, including the marine survey and cable route engineering. Technical supervision and advisory support are being provided by U.S.-based Pioneer Consulting, ensuring all milestones and deliverables align with global standards and industry best practices. As part of its role, Pioneer Consulting contributed to the Desktop Study by reviewing key design elements and offering expert recommendations, supporting the report's acceptance by AzerTelecom and Kazakhtelecom. This milestone confirms that the proposed fiber-optic route meets international engineering standards and adheres to stringent safety and quality benchmarks. Yusif Jabbarov, Chairman of NEQSOL Holding—owner of AzerTelecom, Azerbaijan's leading backbone internet provider—emphasized the project's broader impact and that it not only strengthens digital connectivity and technological advancement across the region but also opens a new chapter in regional economic cooperation. Jabbarov stated that 'This project is a key component of NEQSOL Holding's strategic Digital Silk Way initiative, which aims to build a sustainable digital future for the region. We are implementing cutting-edge, internationally recognized solutions to usher in a new era of faster, more reliable, and high-quality connectivity between Asia and Europe.' Nurlan Meirmanov, Chief Strategy and External Assets Officer at Kazakhtelecom, added: 'This year, we signed a contract for the construction of the Trans-Caspian fiber-optic cable across the Caspian Sea and reached our first major milestone—the completion of the Desktop Study. The next step is the marine route survey, and I'm pleased to report that all activities are progressing on schedule. At Kazakhtelecom, we've formed a dedicated implementation team focused solely on this unique and large-scale project.' Dave Marie, Project Manager and Director of Client Solutions at Pioneer Consulting, stated: 'Since January 2024, our team has supported the design and procurement of the Trans-Caspian submarine cable system. We are honored to collaborate with AzerTelecom and Kazakhtelecom to deliver this much-needed high-speed and reliable fiber-optic system to the region.' The Trans-Caspian Cable Line will span 380 km across the Caspian Sea, connecting Sumgait (Azerbaijan) and Aktau (Kazakhstan). With a transmission capacity of up to 400 terabits per second, it will form a high-speed, low-latency regional connectivity corridor. Construction is expected to be completed by the end of 2026. About AzerTelecom AzerTelecom is a leading telecommunications operator in Azerbaijan, providing wholesale, carrier-grade communications and digital services. It operates within the Azerconnect Group, part of NEQSOL Holding, and is rapidly expanding its presence in local, regional, and international markets by incorporating cutting-edge technologies and fostering sustainable growth in both society and the ICT sector. About Kazakhtelecom Kazakhtelecom JSC is Kazakhstan's largest telecommunications company, offering a full range of services including fixed-line and mobile telephony, internet access, television broadcasting, and data transmission. Established in 1994, the company plays a key role in the development of Kazakhstan's communications infrastructure and is recognized for its commitment to innovation and service quality. About Pioneer Consulting Pioneer Consulting brings decades of experience in submarine fiber-optic telecommunications systems. The firm provides expert counsel throughout the subsea cable installation process, offering technical and commercial insights and end-to-end project support. With over 160 completed projects spanning every ocean and seven continents, Pioneer Consulting is a trusted leader in the submarine telecom industry. Nazrin Gadimova NEQSOL Holding [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
05-03-2025
- Business
- Associated Press
NEQSOL Holding Announces Trans-Caspian Fiber Optic Cable Line Connecting Europe and Asia in Next Phase of Digital Silk Way Project
NEQSOL Holding, a global group of companies with over 25 million customers operating across 11 countries, announced today that it has successfully finalized tender processes and commenced a first phase of construction for the Trans-Caspian Fiber Optic Cable Line, a key component of its Digital Silk Way project, in cooperation with Kazakhtelecom, Kazhakstan's national telecommunications operator. The project – the first of its kind in the world – will lay a backbone fiber-optic cable between Europe and Asia, through Azerbaijan and the Caspian Sea, creating a digital telecommunications mega corridor. AzerTelecom, a backbone internet provider in Azerbaijan and a portfolio company of NEQSOL Holding, will lead the implementation of this project. The Digital Silk Way, a world-first initiative worth over 250 million USD, will increase connectivity, build robust digital infrastructure and contribute economic growth for millions of people. The Trans-Caspian Cable Project, a strategically significant part of this initiative, involves the construction of a 380 km long fiber-optic cable line along the seabed of the Caspian Sea, connecting Sumgait (Azerbaijan) and Aktau (Kazakhstan). This will enable high-capacity data transmission, supporting speeds of up to 400 terabits per second. According to Yusif Jabbarov, CEO of NEQSOL Holding, owner of AzerTelecom and lead investor of the Digital Silk Way initiative, 'The Trans-Caspian Fiber Optic Cable Line is a crucial part of the Digital Silk Way project, which aims to create a digital telecommunications mega corridor spanning the territories of Azerbaijan, Georgia, Turkey, Kazakhstan, and Turkmenistan. This vital innovation will provide the most optimal and shortest route for data transmission, with high bandwidth and minimal latency, boosting regional connectivity and contributing to the economic growth of these countries. I am incredibly proud of the team that has led this implementation and thus created an historic milestone for the entire region.' The construction process will be carried out in multiple stages, including the assessment of coastal areas and the seabed, the design and production of high-quality, durable cables, as well as their transportation and installation. AzerTelecom and Kazakhtelecom plan to complete the construction by the end of 2026. About NEQSOL Holding NEQSOL Holding is an international group of companies employing over 12,000 people in 11 countries, including the U.S., U.K., Azerbaijan, Ukraine, the Netherlands, Georgia, and Turkey. The group operates through its three headquarters in Amsterdam, Baku, and Kyiv, managing businesses across telecommunications, energy, technology, and construction materials. NEQSOL Holding serves more than 25 million customers worldwide. For more information please see About AzerTelecom AzerTelecom is a leading telecommunications operator in Azerbaijan, providing wholesale carrier-grade communications, digital, and other services. The company operates within the Azerconnect Group, which is a part of NEQSOL Holding, an international group of companies operating in various countries across the energy, telecommunications, high-tech, and construction industries. Kazakhtelecom is Kazakhstan's largest telecommunications company and holds the status of a national telecom operator. The company offers fixed-line telephony, broadband internet access, digital television, mobile communications, and other telecommunication services. Tilton SOURCE: NEQSOL Holding Copyright Business Wire 2025. PUB: 03/05/2025 07:05 AM/DISC: 03/05/2025 07:05 AM
