iQ Networks and GBI (Gulf Bridge International) Signed Iraq's First IRU Dark Fibre Framework Agreement

iQ Networks and GBI (Gulf Bridge International) Signed Iraq's First IRU Dark Fibre Framework Agreement

On January 7th 2025, iQ Networks, a subsidiary of iQ Group, signed Iraq’s inaugural dark fibre IRU framework agreement with Gulf Bridge International in Baghdad. This landmark deal is a pivotal move towards establishing Iraq as an essential telecommunications hub.

The ceremony was in the presence of the Iraqi Ministry of Telecommunications, who partner iQ through the Iraqi segment of the Transit.

The event also celebrated the achievement of surpassing over 1 terabit of capacity so quickly on the Silk Route Transit, underscoring the impressive potential and reliability of iQ’s infrastructure. Numerous companies, including Gulf Bridge International , are already utilizing capacity on this route, while others are in active testing phase.

“The fact that we’ve surpassed 1 terabit of active capacity is more than a technical milestone” said Asoz Rashid, CEO of iQ Group. “It’s a clear indication of Iraq’s evolving role in the global digital economy. The Silk Route Transit is the first step towards reshaping Iraq’s economy away from natural resources, laying the groundwork for a future defined by data and technology.”

Waseem Amjad, CEO of iQ Networks, highlighted the broader impact of this achievement: “Reaching 1 terabit of capacity is transformative for iQ. One key feature is its integration with global OTT peering, which enhances how efficiently content is delivered across the internet. By building strong peering relationships with global OTT providers, we’re reducing latency and improving user experience, allowing AI to develop, regional financial institutions to process faster, and so much more. In short, this will impact everyone.”

H.E. Eng. Essa Bin Hilal Al-Kuwari, Chairman of Gulf Bridge International , expressed his enthusiasm for the agreement: “This partnership underscores GBI’s commitment to advancing regional connectivity and digital transformation. By joining forces with iQ Networks, we are not only enabling Iraq to become a strategic hub for data transit but also fostering innovation and creating a robust digital ecosystem that benefits businesses and communities alike.”

By establishing the Silk Route Transit, iQ reaffirms its commitment to connecting Iraq to the world, creating new opportunities for innovation, economic growth, and digital transformation.

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Burkay Etiler

Senior Account Director - Turkey & Middle East at Colt Technology Services

1 个月

Congratulations ??

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Gamal Metwally

Executive VP at NTG Clarity Networks

1 个月

Congratulations Mr. Asoz Rashid and Mr. Waseem Amjad, this is strategic framework agreement All the best

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