Telecoms & Satellite Communications Guide Cyprus

More documents

Recommendations

Info

CyprusProfile Digital Series Telecoms & Satellite Communication DIGITAL FUTURE Cyprus has already successfully capitalised on its location at the crossroads of Europe, Asia and Africa on many economic fronts, and can continue to strengthen its role as a convenient regional communications base of strategic importance. Developing digital policies that attract further investment are absolutely crucial in opening new avenues to take advantage of the numerous economic opportunities provided by the dynamic digital era. Global demand for bandwidth is accelerating, with the rise in cloud computing, data transfer and storage, as well as the Internet of Things (IoT). Data centre IP traffic is also growing as more companies begin utilising data centres to cut costs and streamline workflows. This in turn will increase the demand on networks to ensure seamless and secure transfers between data centres and business locations. Privacy and security are the buzz words of the day with these developments, and Cyprus will have to ramp up its efforts to meet these demands. According to the European Commission, if the proposed measures to roll out 5G across Europe are implemented by 2020-2025, the EU could gain an estimated €113 billion every year, creating up to 2.4 million new jobs. This would also allow Cyprus to use all the available 2021-2027 funding tools to resolve main issues in its digital transformation – such as ultrafast coverage and take-up, high pricing and low digital literacy. The combined use of digital technologies with other emerging technologies will certainly bring new and innovative business models, generating competitiveness, jobs and growth for Cyprus. With its constantly upgraded infrastructure and rapidly developing research and innovation sector, Cyprus is well-placed to boost its competitiveness and realise its vision of a digital future if it keeps up with the rapid evolution of the global communication and tech industry. Developing digital policies that attract further investment are absolutely crucial in opening new avenues to take advantage of the numerous economic opportunities provided by the dynamic digital era. 22
A I F M / 3 5 / 5 6 / 2 0 1 3 Full Service Fund & AIFM Services Oneworld Plus Management is a dedicated Alternative Investment Fund Manager (AIFM) providing third party AIFM services and fund formation to fund initiators, promoters and fund managers of private equity, real estate, infrastructure, debt, fund of funds, transferable securities as well as other alternative asset classes. We have all the tools you need, whether it be a stand-alone fund, a segregated sub-fund on our existing ‘White Label’ fund platforms, or even your own fund platform with multiple sub-funds. Our services include setup and formation of your fund, including preparation of offering documents, procedures and lodging with relevant competent authority, portfolio and risk management, compliance, reporting and distribution services to the fund. We offer services in • Migrating your non-EU fund to an EU domicile of your choice • Setting up a new fund as a stand-alone fund in various jurisdictions, including Luxembourg, Cyprus, Malta, Cayman Islands and Ireland or on our QIAIF platform in Ireland and AIF platform in Cyprus • Setting up non EU-funds • Setting up EU-based funds that mirror the performance of offshore funds • Company Formation and Fund launch • Corporate Management • Fund Administration • Third Party AIFM Services • Accounting and Consolidation • Corporate and Legal Compliance • Tax Compliance • SPV Services • AIFMD Services www.oneworldaifm.com info@oneworldaifm.com 75 Prodromou Avenue, Oneworld Parkview House, Floor 2, 2063 Nicosia, Cyprus +357 22 507 723 Oneworld Plus Management Ltd is licenced by CySEC under license no. AIFM35/56/2013.
Page 1 and 2: CyprusProfile Digital Series Teleco
Page 3 and 4: © 2020 EYGM Limited. All Rights Re
Page 9: CyprusProfile Digital Series Teleco
Page 29 and 30: Flavours oF Cyprus ts@meci.gov.cy w
Page 33 and 34: Before you reach the back cover of
Page 37 and 38: CYPRUS A Reliable International Bus
Page 39: CyprusProfile Digital Series Teleco
Page 42 and 43: Investor’s First Point of Contact
Page 44 and 45: CyprusProfile Digital Series Who’
Page 60: CyprusProfile Digital Series Who’

Telecoms & Satellite Communications Guide Cyprus

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?