Airtel owns GBI's India–Middle East–Europe submarine cable
Bharti Airtel (“Airtel”) and Gulf Bridge International (“GBI”) announced a strategic agreement to unlock the capacity on GBI’s India-Middle East-Europe submarine cable system. Under the agreement, Airtel will acquire the ownership of the India leg of GBI’s India-Middle East-Europe submarine cable. Airtel will also pick up a significant capacity on Middle East-Europe leg of GBI’s cable system. Airtel and GBI have also agreed to formulate joint Go to Market strategies and leverage the footprint of their respective global networks to serve global customers. Ajay Chitkara, Director and CEO for Global Voice and Data Business, Bharti Airtel said, “We are delighted to announce this agreement with GBI. With this, we are adding a large capacity to meet the growing data, content demand in markets like India as well as serve the connectivity needs of global carriers and enterprise customers. The agreement offers great synergies to Airtel and GBI as both partners will able to build...