Abu Dhabi's ADWEA, du enter fibre optics deal
UAE's telecom provider to get uninterrupted access to all installed & planned fibre optics networks across Abu Dhabi.
Abu Dhabi Water and Electricity Authority (ADWEA) announced today that it has signed a strategic agreement with du, the UAE’s integrated telecom service provider, giving du uninterrupted access to all installed and planned fibre optics networks across the emirate of Abu Dhabi.
The agreement was signed by David Copstake, Managing Director, TRANSCO and Osman Sultan, Chief Executive Officer of du.
In a media release, David Copstake, Managing Director, TRANSCO said: “Through TRANSCO, ADWEA owns a state-of-the-art fibre optics network. With the continually increasing demand for Internet bandwidth, our agreement with du is fully designed to offer unlimited access to the current dark fibre network, enabling du to further implement its leading telecom technology.”
Osman Sultan, CEO, du, said: “The interconnection agreement and access to TRANSCO’s dark fibres network is expected to bring out a lot of synergies and raise the playing field for us in the UAE. It will enable us to serve our Abu Dhabi customers better and it will create the ideal platform for offering a multitude of services in the future.”
“We look forward to working closely with TRANSCO to make this opportunity successful for the benefit of all new and existing customers.”
du is 39.5 percent owned by the UAE federal government, 19.75 percent by Mubadala Development Co, 19.5 percent by Emirates Communications & Technology Co LLC and the remaining stake by public shareholders. According to the company's press release, by the end of 2008, it had over three million customers in the UAE.