The submarine cables are a major source of revenues and profits for Telecom Egypt (TE). TE operates about 17 submarine cables, as well as acquiring Menacables from Orascom Telecom, Media, and Technology two months ago.
The cable activity began in Egypt in 1901, when the first cable was laid to transfer telegraphs from Asia to Europe. The number of cables passing through Egypt has now reached 18.
In May, TE acquired Mena cable for $90m.
Mena cable extends from India in the east through Egypt to Italy in the west, which will strengthen TE’s position as the most important cable operator in the Middle East.
TE is a leading global operator offering a complete range of telecom Services including voice, data, managed bandwidth, IP transit, MPLS, collocation, and tailor data solutions.
With Egypt’s distinct geographic location spanning over 1000 km on the Red and Mediterranean seas, We connects more than 11 cable systems from the East and 13 from the West linked with the Red-Med Corridor consulting of seven diversified routes across Egypt.
Capitalising on being an international “hub,” this positioning entitles We to be the partner of choice for Euro-Asian and African transit traffic with 20 Tbps lit capacity, serving a wide variety of customers across a global footprint.