CTM signs memorandum of understanding with Angola Cables

9 January 2020

Macau telecommunications company CTM and Angola Cables recently signed a memorandum of understanding that aims to increase business opportunities between Macau, mainland China and the Portuguese-speaking countries, according to a statement released in Macau.

The operator said in the announcement that the memorandum of understanding, signed in December 2019, also aims to promote strategies and opportunities to establish a link between the Guangdong – Hong Kong – Macau Greater Bay to Portuguese-speaking countries in Africa and the Americas.

The Chief Executive CTM, Vandy Poon Fuk Hei, is quoted in the statement issued as saying that his company intends to play a significant role in the promotion of trade cooperation between companies in China and the Portuguese-speaking countries, taking advantage of Macau’s status as a platform.

Angola Cables has a network of submarine cables connecting the continents of the Atlantic region, has data centres in Angola and Brazil and is promoting the digital platform of the South Atlantic.

The Chief Executive of Angola Cables, António Nunes, said that the expansion of the links in the southern hemisphere can help unlock the many advantages and benefits of secure digital access – ranging from promotion of foreign trade to robust economic development. (macauhub)