Latest in Tag: Telecom Egypt Highlight
Latest in Tag: Telecom Egypt
The two companies have agreed to integrate their networks to create the Cairo-Amman-Baghdad (CAB) System, which aims to increase internet connectivity services in Iraq.
This deal comes in light of Orange Egypt winning the tender for national roaming services that Telecom Egypt issued to all mobile network operators due to the impending expiration of the current agreement. Orange Egypt submitted the best technical and financial offer in terms of value and return. This new agreement provides a number of competitive, technical, and commercial advantages that will boost the development of Telecom Egypt’s services and enhance its position in the Egyptian mobile market. It’s worth noting that the current agreement, which ends in December 2022, enabled Telecom Egypt to introduce its mobile services for the first time in 2017.
The new developmental facility will be used to support TE in improving its mobile network coverage by deploying around 2,000 new mobile sites and installing additional capacity layers to its existing portfolio of cell towers.
The agreement was signed by Adel Hamed — Managing Director and CEO of TE — and Norman Albee — the CEO of AFR-IX Telecom and Medusa — on the side-lines of the International Mobile Exhibition and Conference being held in Barcelona, Spain.
With the rising demand for connectivity, coupled with the dynamic digital transformations that are triggering higher levels of data transfers from Asia to Europe, the SEA-ME-WE 6 provides an additional layer of diversity and resilience for the high traffic density route between Asia and Europe, strengthening the overall network of each consortium partner.
New financing reflects Telecom Egypt’s ability to continue its strong financial, operational performance over coming years
Nokia’s WING would enable Telecom Egypt to provide global IoT service at low prices
First phase covers about 1,413 villages in 20 governorates
Company receives 2nd instalment of Vodafone dividends valued at EGP 3.6bn: CEO
The launch took place in cooperation with Ericsson in the main network, Nokia and Huawei in the available networks, and many major companies in the field of smartphone manufacturing.
In an internal statement, TE explained the method of registration and steps in preparation for receiving the vaccine at the company’s various headquarters, starting with the headquarters in the Smart Village. This will take place in coordination with the Ministry of Health and Population.
New service provides comprehensive technical solutions for SMEs and additional data security
Company’s total consolidated revenues reach EGP 8.4bn
Services will include fixed landline telephone services, the highest-speed internet in Egypt, IPTV, and other advanced telecommunications services.
Today, communications lies at the heart of how we engage with one another – as a remote operating environment becomes the near-term normal, telecom services will drive continuity across borders for communities, small and large businesses.
Raising efficiency of trans-boundary terrestrial network is of strategic importance for international connectivity with neighbouring countries: CEO of TE
Highly reliable terrestrial routes will connect landing points within South Africa, Europe, and Egypt, forming complete ring around Africa
Company records revenues of EGP 9.56bn in Q4 2020
Cooperation emphasises company’s strategy of modernising infrastructure, providing customers with best services, says Telecom Egypt CEO
Telecom Egypt (TE) has signed an agreement with Google to provide the latter with layer 3 mesh network solution.
New frequencies to be introduced according to market needs, says CIT Minister Amr Talaat
Naeem Research said that the probability of Vodafone Egypt’s distributing dividends depends a lot on its new investment plans; including the purchase of the new 40MHz band of spectrum in 2600MHz in November for $540m, with 50% to be paid in the first year of singing the contract
TE recorded about EGP 22.3bn in revenues in 9M of 2020, a growth of 18% compared to the same period last year. This growth was supported by the increase in retail business, mainly from data services, amounting to 31% compared to the same period of the previous year.
New outlets will ease pressure on main offices and protect customer health and safety
The move is part of a series of initiatives by Telecom Egypt to support the health system and the efforts healthcare professionals are making in tackling the ongoing coronavirus (COVID-19) pandemic.
Company bans meal deliveries, uses e-mail to make decisions
Company increases bandwidth of fixed broadbands by 20% for 30 days
The agreements were signed by Adel Hamed, managing director and CEO of Telecom Egypt, Hisham Arafat, chairperson of Amer Group, and Mohamed El Sayed, chairperson of the Porto Group.
TE has appointed Hermes and Citibank to define investment alternatives for its stake in Vodafone Egypt in light of Saudi STC’s agreement with Vodafone International to acquire its stake in Vodafone Egypt for $2.4bn.
Telecom Egypt said earlier it appointed an investment bank to consider options for the company following Vodafone Group’s intention to divest its stake in Vodafone Egypt.