Industry News Roundup
Recent developments in the telecommunications industry include the Medusa Submarine Cable System, network cloud infrastructure spending, and Manx Telecom's new era.
- The Medusa Submarine Cable System has reached a major milestone with a new agreement to land in Tartous, Syria, enhancing Mediterranean connectivity.
- According to Omdia, global telco network infrastructure spending is expected to hit $24.8bn by 2030, driven by the adoption of AI and cloud-native technologies.
- Manx Telecom is set to merge with Jersey Telecom, marking a new era for the company.
Norman Albi, CEO of Medusa, and other officials have announced the new agreement, which is expected to boost connectivity in the region.
Author's summary: Medusa Submarine Cable expands to Syria.