Retelit joins Open Hub Med consortium via 9.5% stake

Friday 17 February 2017 | 14:54 CET | News

Italian telecommunications infrastructure provider Retelit has announced that it will be joining the Open Hub Med (OHM) consortium, described as the first neutral data exchange hub in Italy. In a statement, the company said it had invested EUR 100,000 to acquire a 9.5 percent stake in OHM’s capital as part of a strategy to maximise the industrial and commercial potential of the AAE-1 submarine cable. In addition to the AAE-1 submarine landing point in Bari, Retelit said it will now be able to connect to the OHM data centre in Carini, Sicily, directing data and internet traffic along its fibre-optic backbone to Milan and the major European hubs.

In addition to Retelit, the OHM consortium includes Interoute Italia, Italtel, Eolo, MIX, Supernap Italia, Equinix Italia, Fastweb, In-Site, Vuetel Italia and XMED. OHM has a stated aim to become the main landing point for submarine cables in the Mediterranean. 

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