As part of the 2Africa consortium, Meta and Telecom Egypt announce the first landing of the 2Africa subsea cable in Egypt at Ras Ghareb in the Red Sea, with another landing expected in Port Said in the Mediterranean Sea at a later date. The Ras Ghareb landing is one of several taking place in the...
Digital transformation is accelerating across Africa. In Egypt, the government wants to ensure that all inhabitants have access to quality telecom services in order to achieve its digital-based development ambition. The National Telecommunications Regulatory Authority (NTRA) of Egypt has imposed a fine of 24 million Egyptian pounds (989,751 USD) on the telecommunications operators. The regulator accuses them...
With the accelerating digital transformation, countries are increasingly exposed to the threat of cyberattacks. According to statistics cited by the National Telecommunications Regulatory Authority (NTRA), Egypt is among the 20 countries most vulnerable to cyberattacks. In Egypt, it is now forbidden to import, manufacture, operate or market any telecommunications equipment considered a threat to national security. This...
The demand for connectivity is accelerating around the world. Telecom Egypt, which has invested in submarine fiber optic cables in particular, wants to bet mainly on this demand to support its growth. The Egyptian telecommunications operator forecasts double-digit revenue growth and earnings before interest, taxes, depreciation and amortization (EBITDA) of around 30% for the 2023...
The Qatar Investment Authority (QIA) is said to be in advanced talks regarding the acquisition of stakes held by the Egyptian state in a number of Egyptian companies, including Vodafone Egypt, Bloomberg reports. With it understood that a potential pact could be finalised by the end of 2022, it has been suggested that QIA could acquire 20%...
Citizen-centric digital transformation is a key factor in the Egyptian government’s 2030 development agenda. To achieve this goal, Cairo is increasing investments and other initiatives in the ICT sector. Egypt’s National Telecommunications Regulatory Authority (NTRA) on Wednesday (September 28th) signed a Memorandum of Understanding with Romania’s National Communications and Information Technology Regulatory Authority. The collaboration will...
After raising US$ 20-million in February this year, Egypt-based digital investment platform Thndr is looking to attract more subscribers – especially amongst the country’s youth – and build on its current subscription base of 500,000 users. Seif Amr, Co-founder and COO at Thndr, said, “As opposed to previous years, when the average Egyptian investor was...
Telecom Egypt has signed a five-year local roaming services agreement with Orange Egypt to strengthen coverage of mobile services, specifically voice and data-based services. Telecom Egypt Managing Director and CEO Adel Hamed signed the agreement which is valid until the end of 2027. For Telecom Egypt, the agreement helps to solidify its position within the...
Telecom Egypt has announced the signing of a commercial agreement with Orange Egypt for national roaming services. In a press release Telecom Egypt said that the five-year agreement, which extends until the end of 2027, will ‘ensure that [it] continues to provide high-quality voice and data mobile network coverage to its customers nationwide’. It was...
Having recently been awarded the 2600MHz Time Division Duplex (TDD) spectrum and proceeding with an extensive rollout plan, Orange Egypt will deploy the Ericsson Antenna System to build a 2600MHz network that will improve coverage, capacity, and throughput. With better wind load, lesser weight, and high port count integration, the Ericsson antennas are also set to help...
