Telecom group to build new $116m undersea cable in the Black Sea, bypassing Russia — project set to connect Bulgaria, Georgia, Turkey, and Ukraine

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The Vodafone Group and Vodafone Ukraine are set to work together in building a new undersea cable in the Black Sea that will connect Europe and Asia while bypassing Russia. According to The Express, work on the Kardesa submarine cable system is projected to begin in 2027 in Bulgaria, with other countries following suit soon thereafter. It will also go through war-torn Ukraine, but only in internationally recognized safe zones. The project is expected to cost over €100,000,000 (more than $116 million)…



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Telecom group to build new $116m undersea cable in the Black Sea, bypassing Russia — project set to connect Bulgaria, Georgia, Turkey, and Ukraine


The Vodafone Group and Vodafone Ukraine are set to work together in building a new undersea cable in the Black Sea that will connect Europe and Asia while bypassing Russia. According to The Express, work on the Kardesa submarine cable system is projected to begin in 2027 in Bulgaria, with other countries following suit soon thereafter. It will also go through war-torn Ukraine, but only in internationally recognized safe zones. The project is expected to cost over €100,000,000 (more than $116 million)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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