Sparkle to acquire infrastructure assets on the Barracuda submarine cable system
Sparkle will acquire infrastructure assets on the Barracuda submarine cable system between Valencia and Genoa and colocation in Valencia Cable Landing Station. This will strengthen Sparkle’s connectivity in the Iberian Peninsula.
Counterparts (2)
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- Sparkle acquires infrastructure assets on the Barracuda submarine cable system.
- The deal includes colocation in the Valencia Cable Landing Station.
- The acquisition involves 32 MW of data center capacity.
- The deal strengthens Sparkle's position in the Iberian Peninsula.
Source Intelligence
The Barracuda project will establish the first direct high-capacity, low-latency submarine route between Spain and Italy, creating a 1,070 km digital bridge between Valencia and Genoa. "The Barracuda project will establish the first direct high-capacity, low-latency submarine route between Spain and Italy, creating a 1,070 km digital bridge between Valencia and Genoa."
"Sparkle will also acquire infrastructure assets on the Barracuda submarine cable system between Valencia and Genoa and colocation in Valencia Cable Landing Station"
"Sparkle , the first international service provider in Italy and among the top global operators, and Valencia Digital Port Connect (VDPC), the Spanish telecommunications infrastructure company developing the Barracuda submarine cable project in collaboration with private equity firm Teset Capital, announce a strategic agreement to land the Barracuda submarine cable at Sparkle’s Genoa Landing Platform."
"Sparkle , the first international service provider in Italy and among the top global operators, and Valencia Digital Port Connect (VDPC), the Spanish telecommunications infrastructure company developing the Barracuda submarine cable project in collaboration with private equity firm Teset Capital, announce a strategic agreement to land the Barracuda submarine cable at Sparkle’s Genoa Landing Platform."
Timeline
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