Telecom Egypt and the Administrative Capital for Urban Development (ACUD) have signed an agreement to build and operate a telecom networks in the new administrative capital as well as to provide smart and security services networks.
The agreement was signed by Major General Mohamed Abdel Latif, the General Manager of the ACUD, and Adel Hamed, the Chief Executive Officer of Telecom Egypt in the presence of Dr. Moustafa Madbouly, the Prime Minister of Egypt, Dr. Amr Talaat, the Minister of Communications and Information Technology and Major General Ahmed Zaki Abdeen, the Chairman of the ACUD .
This project comes in line with ACUD’s strategy to provide the new administrative capital with the latest technological solutions to manage smart integrated systems and support the national digital transformation initiative, especially the plan to digitize the Egyptian government.
Under this agreement, Telecom Egypt will establish, operate, lease, manage and maintain the telecom network of the new administrative capital, in addition to deploy smart services and security systems. Telecom Egypt will provide the telecom infrastructure within the new capital and will connect it to the company’s network. The company will also provide high quality wholesale services to other mobile network operators .
Adel Hamed, Managing Director and Chief Executive Officer, commented: “We are very proud to have signed this agreement with the ACUD and delighted to be involved in such an important project. Over the past year Telecom Egypt has consistently demonstrated its exceptional ability to complete digital transformation projects in record time and we are looking forward to build on our experience in this field . In addition, the project comes in line with our priorities in light of our commitment to capitalize on and facilitate the national digital transformation. The agreement also comes conveniently at a time when Telecom Egypt has already been working to improve internet services in Egypt and we will therefore capitalize on our expertise in the field and exert all the effort to develop the best technological solutions to manage a complete system of smart solutions for this new city . ” www.ir.te.eg