Pakistani carrier Cybernet has signed a Memorandum of Understanding (MoU) and landing party agreement with PEACE Cable International Network to bring 'ultra-high capacity cable' to the country.
The agreements, penned during the recently held Asia-Pacific Submarine Networks Forum in Shenzhen, China, will connect Asia, Africa and Europe — the three most populated continents in the world.
“We are excited about working on the PEACE project and the numerous benefits that the PEACE Cable will bring to Pakistan and its digital economy," said Cybernet CEO Danish A. Lakhani.
"In addition to providing much needed redundancy to Pakistan’s internet infrastructure and reducing latency to Western destinations, this ultra-high capacity cable will usher in a new era of affordable Gigabit services in the country."
The Cybernet CEO further said that "as a carrier-neutral cable system, the project will enable other telecom carriers, ISPs, CDN and content providers to extend their benefits across the spectrum of Pakistani society."
"After nearly two months of consultation, the cooperation and negotiation between PEACE and landing partners has been completed," PEACE Cable chief operating officer Sun Xiaohua said.
"Thanks to all the partners for their support and I hope that PEACE will bring added economic value to the region in the near future," he added.