Bodrum, Turkey, July 2nd 2024 – EXA Infrastructure, the largest dedicated digital infrastructure platform throughout Europe, connecting North America and Asia via the Middle East, has signed a strategic partnership with SOCAR Fiber to develop a new terrestrial fibre optic route. A Gulf-backed consortium is planning a $700 million data cable project that would connect the United Arab Emirates to Türkiye through Iraq, positioning Ankara as a key transit point for data moving between Asia and Europe. Istanbul, Türkiye, with a population of more than 15 million, is one of the world's largest and densest. - Government extends Turk Telekom's monopoly until 2050 via $3B payments and $17B investment, raising concerns about stifled competition and foreign investment. The company is headquartered in Mudanya (Bursa) since 1964 and carries out its activities in a total area of 180. Türkiye is advancing its directed-energy capabilities with the YGLS high-power laser system developed under TÜBİTAK oversight, targeting short-range defense against small drones and similar threats. The system matters because it offers a rapid, low-cost-per-shot response to saturating UAV attacks. SOCAR Fiber and TurkNet have signed a strategic cooperation agreement to strengthen Türkiye's internet infrastructure and provide uninterrupted and secure network connectivity.
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