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Macau
Home›Macau›CTM signs agreement with Angola Cables for ‘digital opportunities’

CTM signs agreement with Angola Cables for ‘digital opportunities’

By -
Tuesday, January 14, 2020
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Local telecom operator CTM and Angola Cables signed a Memorandum of Understanding (MoU) in December, to enhance digital opportunities for business between Macau, mainland China, African Portuguese-
speaking countries and Brazil.
According to a statement issued by the local telecommunications firm, the partnership primarily aims to establish the terms of agreement and promote strategies and opportunities to link the Greater Bay Area to Africa and the Americas, in particular, the Portuguese-speaking countries.
CTM Chief Executive Officer Vandy Poon said that the telecom operator believes that with the increasing degree of integration in the Greater Bay Area, Macau will play a significant role in promoting business cooperation between companies from China and Portuguese-speaking countries in Africa and the Americas to jointly explore new investment and business opportunities.
CTM added that Macau and the neighboring regions have the conditions and opportunities to be the “landing point for international cable systems and the ideal location for hosting datacenters, in order to promote the digital ecosystem of the region.”
Meanwhile, commenting on the partnership, Angola Cables CEO, António Nunes remarked, “Expanding connectivity across the southern hemisphere has the potential to unlock the many advantages and benefits brought about by secure, digital access – from the promotion of foreign trade to robust economic development.”
Angola Cables has a submarine cable network linking the continents in the Atlantic region with high availability and good quality. It owns datacenters, in Angola and Brazil and is promoting the southern Atlantic digital hub. LV

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