Cyta announces high fibre deal

The Cyprus Telecommunications Authority (Cyta) announced yesterday the signing of a supply deal for a Black Sea Fibre Optics Cable system.

The system will offer high-quality, low-cost telecommunications, and is part of a larger plan to improve telecommunications links with the Balkans, the Eastern Mediterranean and the Black Sea region.

Cyta said the deal was signed with companies from Armenia, Bulgaria, Greece, Slovenia, the Ukraine, Russia, America, Germany, Croatia and Japan.

The system is expected to be operational by early to mid 2000 and will cost $51 million. Cyta is contributing $3.2 million.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.