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Caucasus Online LLC is one of the largest
Georgian Georgian may refer to: Common meanings * Anything related to, or originating from Georgia (country) ** Georgians, an indigenous Caucasian ethnic group ** Georgian language, a Kartvelian language spoken by Georgians **Georgian scripts, three scrip ...
Internet service provider An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, non-profit, or otherwise private ...
and controls large part of the Georgian internet communications market. Caucasus Online was formed by unification of several major Georgian ISPs:''Caucasus Network'', ''Georgia Online'' and ''SaNet''. in 2006. Since 2008 ''Telenet'', the main provider of wireless and fiber-optic Internet in Georgia, merged with Caucasus Online. Since 2008 Caucasus Online has been the sole owner of a 1,200-km submarine fiber-optic cable constructed by Tyco Electronics (today known as TE Subcom), through which it transits Internet traffic from Europe to south Caucasus and Caspian Region. The FOC was laid on the bottom of the Black Sea to provide a direct, high-quality fiber-optic Internet connection from Europe to Caucasus Region and Middle East. The project was developed by Caucasus Online in co-operation with
Tyco Electronics TE Connectivity is an American Swiss-domiciled technology company that designs and manufactures connectors and sensors for several industries, such as automotive, industrial equipment, data communication systems, aerospace, defense, medical, o ...
in 2008. In September 2016 Caucasus Online sold its Retail business to Magticom and now Caucasus Online is a major wholesale operator in the region. In 2019, Azerbaijani
Neqsol Holding NEQSOL Holding is an international group of companies. Most companies of the group are active in the fields of energy, telecommunications, construction and high-tech. It was founded by Azerbaijani Nasib Hasanov. The holding first started in the ...
has acquired 49% of Caucasus Online for $61 million. Neqsol acquired 100% on 24 March 2021.


References


External links


Caucasus Online website

Tyco Telecommunications
Internet in Georgia (country) Telecommunications companies of Georgia (country) Telecommunications companies established in 1998 1998 establishments in Georgia (country) {{Georgia-stub