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Sparkle signs MoU with LPTIC

Sparkle, the first international service provider in Italy and among the top global operators, announces that today, on the occasion of the visit to Rome of Abulhamid Dabaiba, Prime Minister of the Government of National Unity (Gun), has signed a Memorandum of Understanding with Libya Postal Telecommunication and Technology Holding Company (LPTIC), the Libyan state-owned telecom company operating in fixed, mobile and data telco services, concerning the building of a new submarine infrastructure connecting multiple landings in Libya to Sicily, and via Italy to Europe through Sparkle’s new BlueMed Submarine Cable (“BlueMed”).

Signed by Mohamed IB. Mohamed Ben Ayad, Chairman of LPTIC, and Enrico Maria Bagnasco, Chief Executive Officer of Sparkle, the MoU also foresees the possibility for Sparkle to offer LPTIC additional services as well as rights over the BlueMed to be further examined and detailed by the parties in view of the definitive agreement.

CT Bureau

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