Egypt Digital Company for Investment, the largest shareholder in Egypt Towers for Technology Services Company, has signed an agreement with IHS Towers to establish a new consortium IHS Telecom Towers Egypt S.A.E and secure a licence from the National Telecom Regulatory Authority (NTRA) to erect and lease telecommunication towers in the country. Once in place,...
The demand for telecom services has grown in Egypt since last year with the Covid-19. Telecom operators have made new investments in their networks to respond to them. IHS Towers sees an opportunity to save them money. The manager of telecoms towers IHS Towers sets up in Egypt. On Wednesday, October 6, the company signed an agreement to...
Egypt has signed a partnership agreement with IHS Netherlands GCC B.V, IHS Netherlands EGY B.V and IHS Holding Limited (“IHS Towers”) to build and lease communications towers nationwide. The signing ceremony was witnessed by Minister of Communications and Information Technology Amr Talaat among others. The Ministry of Communications said in a statement on Tuesday5/10/2021 that...
Egypt’s National Telecom Regulatory Authority (NTRA) has inked a Memorandum of Understanding (MoU) with the Egyptian Competition Authority (ECA) to form a permanent joint committee which will develop a system for regulating free competition in the Egyptian telecom market. Announcing the development in a press release, the Ministry of Communications & Information Technology (MCIT) said...
President Abdel Fattah El Sisi has ordered to maintain providing necessary financial resources to upgrade the main structure of the ICT. The State is paying a greater attention to the information and communication technologies sector as a cornerstone of comprehensive and sustainable development, added Sisi during a meeting with Prime Minister Moustafa Madbouli and Minister...
Egypt’s National Telecom Regulatory Authority (NTRA) has adopted the regulatory framework for establishing data centres and providing cloud computing services. The industry regulator says the move is in line with the state’s strategy to support the digital transformation process and attract and increase investments in this field, in addition to enhancing its strategic position as...
Telecom Egypt posted net profit of 3.9 billion Egyptian pounds ($249.20 million) for the first half of 2021, up 88% from the same period last year, the company said in a statement on Monday. CAIRO: Telecom Egypt posted net profit of 3.9 billion Egyptian pounds ($249.20 million) for the first half of 2021, up 88% from the...
Since last year, FinTech has been booming in Egypt, driven by the Covid-19. Orange, which anticipates increasingly fierce competition in the electronic financial services segment, has decided to increase its technical agility to face them. The mobile operator Orange Egypt signed a partnership agreement on Monday July 5 with the National Bank of Egypt (NBE) to...
Following the internal conflict in Libya, its technology and telecoms sector has been largely damaged. Its rehabilitation is one of the priorities of the country, which is currently under reconstruction. The Libyan authorities are aware of the challenges of digital transformation. Egyptian Minister of Communications and Information Technology Amr Talaat and Faisal Ahmed Qarqab, chairman of Libyan...
TeleGeography, a global telecommunications market research and consulting firm, has launched its 2021 Submarine Cable Map, sponsored by Telecom Egypt. According to the research company the map visualises 464 global cables and 1,245 landing stations, as well as major future deployments. It also analyses the changing dynamics in the market and influence of new players...
