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BMIT buys EUR 6.9 million Arsinoe cable capacity in first move outside Malta

BMIT Technologies agreed to buy a 5 percent IRU stake on the Arsinoe submarine cable linking Cyprus, Egypt and France, from Cyprus's Cablenet Communication Systems for EUR 6.9 million, its first infrastructure investment outside Malta.

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Reported Editor-read SubmarineNetworks.com, 21 August 2026

What it does not test. Does not give BMIT ownership or operating control of the cable system itself, only capacity rights.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. IRU capacity purchase only, no cable ownership or operating control per own note. European Sovereignty Index

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-09-24. How the record is made

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