Dubai / UAE, 06 june 2023
In a significant development in the telecommunications sector, Kush Investments, an investments holding company based in UAE, specializing in investing in key drivers regional growth ( Natural resources, renewable energy, Forex and Metal Trading etc..), through East and Central Africa, in markets representing considerable opportunity for development., announced the signing of a contract with Sparkle Telecom Italia for the acquisition of spectrum on the Blue Raman Cable System. The contract signing ceremony took place earlier today, marking a milestone in the partnership between the two companies.
The Blue Raman Cable System, renowned for its high-speed and reliable connectivity, spans across multiple countries, providing seamless communication services to millions of users. With this strategic acquisition, Kush Investments aims to strengthen its position in the telecommunications industry and expand its footprint in key markets.
The ceremony, held at Telecom Italia ‘ headquarters office in Rome, was attended by high-profile executives from both companies, reflecting the significance of the partnership. Among the attendees were Mr. Mohamed Yusef, CIO of Kush Investments, and Mr. Enrico Bagnasco, CEO of Sparkle Telecom Italia.
During the ceremony, Mr. Mohamed expressed his enthusiasm for the partnership, stating, “This contract signing represents a remarkable step forward for Kush Investments in the telecommunications sector. We are excited to collaborate with Sparkle Telecom Italia and leverage the Blue Raman Cable System to deliver cutting-edge services to our customers.” The acquisition of spectrum on the Blue Raman Cable System will empower Kush Investments strategic investments portfolios. .
Mr. Rossi shared similar sentiments, emphasizing the mutual benefits that the partnership would bring. “Sparkle Telecom Italia is pleased to join hands with Kush Investments in this venture. This collaboration will enable us to enhance our network capabilities and offer unparalleled connectivity solutions to our customers,” he said.
The Blue Raman cable system, a state-of-the-art subsea cable infrastructure, is a collaborative effort developed by industry leaders Google, Sparkle, and OMANTEL. This groundbreaking project offers an innovative new Europe-Asia route, connecting Africa, Europe, Asia and enhancing telecommunications resilience and reliability.
