On January seventh, iQ Networks, a subsidiary of the iQ Group, marked a historic milestone in Iraq’s telecommunications sector by signing the nation’s first-ever Indefeasible Proper of Use (IRU) darkish fibre framework settlement with Gulf Bridge Worldwide (GBI). The signing ceremony, held in Baghdad, indicators Iraq’s rising prominence as a vital hub for international digital connectivity.
The occasion came about within the presence of the Iraqi Ministry of Telecommunications, which companions with iQ by means of the Transit Route infrastructure. This collaboration additional solidifies Iraq’s potential to function a vital transit hall for knowledge visitors within the area and past.
A key spotlight of the event was the celebration of surpassing 1 terabyte of capability on the Silk Route Transit—a testomony to iQ Networks’ strong and dependable infrastructure. This spectacular milestone has attracted international firms, together with GBI, to actively utilise this high-capacity route, whereas different companies stay within the testing section.
Asoz Rashid, CEO of iQ Group, spoke concerning the broader implications of this achievement: “The truth that we’ve surpassed 1 terabyte of lively capability is greater than a technical milestone. It’s a transparent indication of Iraq’s evolving function within the international digital financial system. The Silk Route Transit is step one in the direction of reshaping Iraq’s financial system away from pure assets, laying the groundwork for a future outlined by knowledge and expertise.”
This achievement not solely enhances Iraq’s digital infrastructure but in addition positions the nation as a aggressive participant within the international knowledge financial system, providing dependable and scalable connectivity options for worldwide shoppers.
Waseem Amjad, CEO of iQ Networks, stresseed the transformative nature of the accomplishment: “Reaching 1 terabyte of capability is transformative for iQ. One key function is its integration with international OTT (Over-The-Prime) peering, which boosts how effectively content material is delivered throughout the web. By constructing robust peering relationships with international OTT suppliers, we’re lowering latency and bettering consumer expertise, permitting AI to develop, regional monetary establishments to course of quicker, and a lot extra. Briefly, it will influence everybody.”
Such developments spotlight the sensible advantages of this milestone, starting from improved content material supply and diminished latency to supporting AI developments and quicker regional monetary transactions.
H.E. Eng. Essa Bin Hilal Al-Kuwari, Chairman of GBI, additionally expressed his enthusiasm concerning the settlement: “This partnership underscores GBI’s dedication to advancing regional connectivity and digital transformation. By becoming a member of forces with iQ Networks, we’re not solely enabling Iraq to grow to be a strategic hub for knowledge transit but in addition fostering innovation and creating a sturdy digital ecosystem that advantages companies and communities alike.”
GBI’s involvement strengthens the Silk Route Transit’s strategic worth, reinforcing the connection between the Center East and international knowledge networks.
By establishing the Silk Route Transit, iQ Networks reaffirms its dedication to connecting Iraq with the world. This achievement not solely creates new alternatives for innovation but in addition accelerates financial development and digital transformation.
As Iraq continues its journey in the direction of turning into a digital powerhouse, partnerships like this IRU darkish fibre framework settlement are paving the way in which for a extra related and technology-driven future. The collaboration between iQ Networks and GBI represents a big step ahead in realising this imaginative and prescient.
Supply: iQ Group
