Saudi stc Launches Vision Submarine Cable in Red Sea

The Saudi Vision Cable, inspired by Vision 2030, is wholly owned by stc Group and spans over a distance of 1.1 million meters. (Asharq Al-Awsat)
The Saudi Vision Cable, inspired by Vision 2030, is wholly owned by stc Group and spans over a distance of 1.1 million meters. (Asharq Al-Awsat)
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Saudi stc Launches Vision Submarine Cable in Red Sea

The Saudi Vision Cable, inspired by Vision 2030, is wholly owned by stc Group and spans over a distance of 1.1 million meters. (Asharq Al-Awsat)
The Saudi Vision Cable, inspired by Vision 2030, is wholly owned by stc Group and spans over a distance of 1.1 million meters. (Asharq Al-Awsat)

Saudi telecommunication company stc Group launched the "Saudi Vision Cable," the first high-speed cable in the Red Sea, through its first landing station in Jeddah.

The Governor of the Communications and Information Technology Commission (CITC), Mohammed al-Tamimi, attended the launch ceremony.

The Saudi Vision Cable, inspired by Vision 2030, is wholly owned by stc Group and spans over a distance of 1.1 million meters.

The new cable will provide connectivity up to 18 Terabytes per second/fiber pair with 16 fiber pairs through four landings in Jeddah, Yanbu, Duba, and Haql.

Group CEO Olayan al-Wetaid explained that this achievement reveals the company's leadership in providing advanced maritime and international telecommunications services.

Wetaid indicated that it reflects "our comprehensive strategy that aims to diversify the Group's investment opportunities and support digital transformation in the Kingdom of Saudi Arabia by boosting the digital infrastructure."

He explained that the cable would provide digital connectivity services for corporates and individuals between Saudi Arabia and the world by building a regional digital hub connecting the continents and helping meet the needs of companies and customers via an integrated digital ecosystem.

Saudi Vision Cable provides communication between several international information centers.

"It also achieves the raising level of the unified optical fiber platform that is cost-efficient and flexible, and provides access low latency - to all international cables in the landing stations and information centers of the stc Group," he added.

The new cable will be one of the submarine cables that will be linked to the MENA Hub connecting three continents of the globe, leveraging the strategic location of the Kingdom of Saudi Arabia. It will help to enhance investment in international communication services and data centers.

It will join the 16 cables invested by stc Group between the east and the west of the Kingdom and provide more reliable internet service to meet the increasing demand for communications and internet at the local and international levels.

It will also allow all of the country's sectors to obtain high-speed internet services, including education, healthcare, and business which will, in general, provide economic and social benefits.



Australia Ditches Plans to Fine Tech Giants for Misinformation

Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)
Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)
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Australia Ditches Plans to Fine Tech Giants for Misinformation

Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)
Facebook's new rebrand logo Meta is seen on a smartphone in front of displayed logo of Facebook, Messenger, Instagram, WhatsApp, Oculus in this illustration picture taken October 28, 2021. (Reuters)

Australia has ditched plans to fine social media companies if they fail to stem the spread of misinformation, the country's communications minister said Sunday.

The proposed legislation outlined sweeping powers to fine tech companies up to five percent of their yearly turnover if they breached new online safety obligations.

Communications Minister Michelle Rowland said she had dumped the bill after running into significant opposition in the country's senate.

"Based on public statements and engagements with senators, it is clear that there is no pathway to legislate this proposal through the senate," she said in a statement.

The proposed bill notably drew the ire of tech baron Elon Musk, who in September likened the Australian government to "fascists".

Australia has been at the forefront of global efforts to regulate the tech giants.

The government will soon roll out a nationwide social media ban for children under 16.

Social media companies could be fined more than US$30 million if they fail to keep children off their platforms, under separate laws tabled before Australia's parliament on Thursday.