AzerTelecom, China Telecom sign strategic MoU within Digital HUB program (PHOTO)

AzerTelecom, China Telecom sign strategic MoU within Digital HUB program (PHOTO)

Baku, Azerbaijan, April 25


“AzerTelecom”, a backbone internet provider connecting Azerbaijan to the global internet network, signed a Strategic Memorandum of Understanding (MoU) with "China Telecom", a leading company in the field of information and communication technology of China, within the framework of the “Azerbaijani Digital HUB” program implemented for the transformation of Azerbaijan into a Regional Digital Hub.

The signing of the Strategic Memorandum of Understanding between "China Telecom", China`s global ICT company, and "AzerTelecom" took place during the 2nd “One Belt, One Road” International Forum which is held in Beijing, the capital of the People's Republic of China and attended by the President of the Republic of Azerbaijan Mr. Ilham Aliyev. Within the framework of the Forum, a ceremony of signing documents was held between the various companies representing the Republic of Azerbaijan and the People's Republic of China.

The Strategic Memorandum of Understanding (MoU) was signed by Chief Executive Officer of "AzerTelecom", author and head of the "Azerbaijani Digital HUB" program Fuad Allahverdiyev and Vice President of "China Telecom" Dong Zi Yu.

“The signing of a Strategic Memorandum of Understanding between "AzerTelecom", an internationally recognized telecommunications operator of Azerbaijan which implements the "Azerbaijani Digital HUB" program to transform Azerbaijan into a Digital Hub, and "China Telecom", a large Chinese ICT company, is of great importance. Thus, this document reflects mutual understanding and cooperation between large ICT companies of the two countries in the direction of establishing the Asia-Europe telecommunication corridor (Digital Silk Road) within the framework of the "Digital HUB" program”, said Fuad Allahverdiyev, CEO of "AzerTelecom".

According to Fuad Allahverdiyev, the Strategic Memorandum of Understanding (MoU) creates opportunities for cooperation and partnership in the direction of transmission of China`s Internet traffic via the new digital telecommunications corridor between Europe and Asia within the framework of the “Digital HUB” program through Azerbaijan by "China Telecom", a global transit company.

On April 25-27, the second International Cooperation Forum within the framework of the “One Belt, One Road” strategy is held in Beijing, the capital of the People's Republic of China (PRC). The Forum brought together Heads of state and government, various government officials, large companies representing the private sector, investors and representatives of various international organizations.

"AzerTelecom" is a subsidiary of Bakcell, the first mobile operator and fastest mobile Internet provider in Azerbaijan. "AzerTelecom" was founded in 2008 and provides various advanced services to local and foreign companies in the telecommunications sector. "AzerTelecom" is currently implementing the “Azerbaijan Digital HUB” program to transform Azerbaijan into a Regional Digital Hub in addition to its status of Energy and Transport Hub. The goal of the "Digital HUB" program is to transform the country into a Regional Digital Hub for the Caucasus, Central and South Asia, the Middle East, and surrounding regions. The transformation of Azerbaijan into the Digital Center of the Region as a result of the "Digital HUB" program will contribute to Azerbaijan's participation in the "One Belt, One Road" project initiated by the Chinese government. With the implementation of the "Digital HUB" program, Azerbaijan will become a telecommunication corridor of the “One Belt, One Road” project.

Iran's ministry supports increase of home appliances' price
Iran's ministry supports increase of home appliances' price
Iran is to sell oil bonds at stock exchange
Iran is to sell oil bonds at stock exchange
Number of flights over Iran's airspace increases
Number of flights over Iran's airspace increases
Loading Bars
Monterey Herald publishes article on Armenians' atrocities against Azerbaijanis in LA
Foreign trade turnover of Azerbaijan drops
Azerbaijani community of Azerbaijan's Nagorno Karabakh issues statement
Gold price grows in Azerbaijan
Arming Armenia means supporting occupation of Azerbaijani lands - MP
Azerbaijani MP: Turkish Grand National Assembly rejected Treaty of Sevres, tearing it apart as useless paper
Subsistence minimum for average household down in Georgia
Uzbekistan to implement big touristic projects in Bostanlyk district
First batch of hazelnuts to be exported from Georgia to Germany
Georgian Artana Wines company decides to grow organic vegetables
Data on terry products sales at Turkmen State Commodity Exchange for July 2020 revealed
Uzbekistan resumes domestic flights, rail services, public transport traffic
Georgia decreases mandatory quarantine & self-isolation time
Kazakhstan's revenues from air transportation down year-on-year
Pashinyan again shows his helplessness, responding to BBC's "hard" questions (VIDEO)
Azerbaijani oil prices fluctuate
Air separation unit launched in Kazakhstan to supply ArcelorMittal Temirtau with gases
Ukrainian car building company interested in expanding cooperation with Turkmenistan
Electricity consumption down in Georgia
EU supports medium, long term recovery of Kazakh economy amid COVID-19
Azerbaijan sees growth in alternative energy production
Azerbaijan confirms 221 more COVID-19 recoveries
Iran's ministry supports increase of home appliances' price
Georgia, US discuss possibility of opening DFC regional office in country
Investments in socio-economic dev't in Azerbaijan grow
U.S. retail sales rise less than expected in July
Kazakhstan’s largest electrotechnical company to launch equipment production
Namangan Free Economic Zone to expand car production in Uzbekistan
National Bank of Georgia talks reasons behind remittances' growth
Uzbek-Korean JV opens tender to buy batteries
Volume of export of oil, oil raw materials from Azerbaijan to Ukraine revealed
Azerbaijan reveals seven-month statistics of industrial production
EU COVID-response to contribute to long-term health systems resilience in Central Asia
Azerbaijan successfully resolving problem of irrigation water shortage
Kazakhstan's Passenger Transportation JSC opens tender for loading, unloading services
SOCAR's STAR Refinery among Turkey’s 500 largest companies
Uzbekistan's national postal operator expands services
Multiple projects to be commissioned in Kazakhstan within industrialization roadmap
Angry Birds maker happy as stay-at-home gaming boosts profit
Iran is to sell oil bonds at stock exchange
Capacity of Georgian Kula canning company to increase
Turkmenistan’s Dashoguz region opens tender for construction, installation work
Output volume at Azerbaijan’s Kursangi, Garabagli fields revealed
Azerbaijani refugee from Armenia: Oppression of Azerbaijanis in Armenia began before 1988
Uzbekistan boosts trade turnover with Afghanistan during 1H2020
Turkmen manufacturer of suspended ceilings to expand its product range
British analyst: Uzbekistan to increase domestic electricity consumption over next decade
Weiss, CEO of Majid Al Futtaim – Retail, talks Uzbekistan's food retail market prospects
Mikayil Jabbarov: Azerbaijan-Israel partnership is strong, resilient, forward-looking
Azerbaijan's GDP slightly decreases
Maersk Drilling: Contracting activity for drilling campaigns with 2020 commencement to be limited
Global total utilization for jack-up rigs, floaters down
Georgian TBC Bank Group buys stake in its Uzbekistan branch
Azerbaijan’s Nakhchivan increases GDP volume
Number of flights over Iran's airspace increases
Azerbaijan's Kapital Bank to increase its authorized capital
Russia’s St. Petersburg, Turkmenistan boost cooperation
Kazakh coal extracting venture to buy filters via tender
Uzbek-Turkish JV to increase export of electrical goods from Uzbekistan's Samarkand
Money transfers to Georgia up in July 2020
Kazakhstan's Sunday Airlines resuming flights to Egypt
PETRONAS Carigali Sdn Bhd in Turkmenistan opens tender for provision of downhole equipment
Israel puts Georgia on list of 'green' countries
Central Bank of Uzbekistan establishes co-op with Central Bank of South Korea
Kazakhstan's export to Germany down during COVID-19
Indonesia's Widodo proposes $186 billion 2021 budget, 5.5% of GDP deficit
Bryza: By supplying military equipment to Armenia, Russia losing credibility as OSCE MG co-chair
Iranian National Tax Administration imposing tax on gold coin owners
Russia's St. Petersburg to supply ships to Turkmenistan
UK transport minister says people know the risks of travel in 2020
Graduates of Baku Higher Oil School awarded DAAD scholarships
Azerbaijani currency rates for August 14
Rehabilitation of Zemo Imereti-Racha road actively progressing in Georgia
Canadian oil & gas company aims to start operations in Uzbekistan
Azerbaijani Nakhchivan's mobile operators up revenues
Oil gains, heading for weekly rise amid hopes for fuel demand recovery
Azerbaijan discloses Consumer Price Index for July
Uzbekistan to open new tourist zone in its Navoi region
Georgia reports 23 new cases of COVID-19, 17 recoveries
Azerbaijan's AzStateNet network reveals, blocks more malware attacks
Bank of Georgia implements new project in field of agriculture
Italian ambassador to Turkmenistan completes his diplomatic mission in country
South Korean companies to build smart cities in Uzbekistan's Fergana
Turkmenistan, Russia's Tatarstan to join efforts to counter COVID-19
Antimonopoly Committee of Uzbekistan reveals data on approved transactions
Azerbaijan's statistics committee talks half-year trade performance with partner countries
Uzbekistan reports 724 new cases of COVID-19
Maersk Drilling reveals revenues from operations in Azerbaijan
Iran launches new transport corridor to Uzbekistan
Lower interest rates to help Georgian economy recover and increase access to finance
Iran's exporters under pressure of foreign currency revenue policy
Armenia violates ceasefire with Azerbaijan 29 times
Amazon to launch online drug sales in Indian city
Uzbekistan’s tourism and investment potential presented in Turkey
Pakistan army says border fencing with Iran to be completed by end of 2021
Number of request related to computer security drops in Azerbaijan
Japan allocates about $ 3 mln to Kyrgyzstan within framework of scholarship program
UK ready to share its renewable energy dev't experience with Uzbekistan (INTERVIEW)
Kutaisi International University Ready to Receive First Students
Iran's Embassy in Lisbon slams US attempts to extend arms embargo on Iran
All news