Liquid Telecom to Invest in Egypt Network, Data Center

Liquid Telecom Plans $400m Network Infrastructure, Data Center Investment in Egypt By Tanwen Dawn-Hiscox December 10, 2018 Over the next three years. Continuing its partnership with Telecom Egypt, Liquid Telecom is planning to spend $400m on building out its network infrastructure and data centers across Egypt. A subsidiary of major telecommunications provider Econet, Liquid Telecom [...]

2018-12-10T10:37:35+00:00December 10th, 2018|Categories: Data Centers|Tags: , , , , , |

Telecom Egypt Acquires 50% of EISCC for $15m

Telecom Egypt Acquires 50% of EISCC for $15m By Andrea Ayemoba, Africa Tech September 24, 2018 Telecom Egypt announces that its board of directors has approved the acquisition of 50% of its subsidiary Egyptian International Submarine Cable Company (EISCC) at a value of USD 15mn. On 17 September 2018, Telecom Egypt had announced that EISCC [...]

2018-09-24T10:49:57+00:00September 24th, 2018|Categories: State of the Industry|Tags: , , , , |

Telecom Egypt Acquires MENA Cable from Orascom

Telecom Egypt concludes the acquisition of Middle East and North Africa Submarine Cable “MENA” Telecom Egypt Press Release September 17, 2018 Cairo, Egypt - Telecom Egypt (Ticker: ETEL.CA; TEEG.LN) announces the conclusion of the acquisition of Middle East and North Africa Submarine Cable (“MENA Cable”) from Orascom Investment Holding “OIH” through its subsidiary Egyptian International [...]

2018-09-17T13:27:23+00:00September 17th, 2018|Categories: State of the Industry|Tags: , , , , , , , |

Airtel, Telecom Egypt Sign Submarine Cable Agreement

Airtel Signs Submarine Cable Agreement with Telecom Egypt By Telecomlead August 6, 2018 Indian telecom operator Bharti Airtel announced a submarine cable partnership with Telecom Egypt. Airtel will get IRUs (Indefeasible Right of Use) on Middle East North Africa Submarine Cable (MENA Cable) and TE North Cable Systems and will take large capacities on two [...]

2018-08-06T09:35:48+00:00August 6th, 2018|Categories: Current Systems|Tags: , , , , , , , , , |

Telecom Egypt Cuts Dividend For Submarine Cable Investment

Telecom Egypt Cuts Dividend In Favour Of Submarine Cable Investment By Telecompaper March 28, 2018 Telecom Egypt announced that in light of a new investment opportunity in the submarine cable industry, the board determined to reduce the earlier proposed dividend for FY 2017 to EGP 0.25 from EGP 1 per share. In a statement, TE [...]

2018-03-29T10:52:07+00:00March 29th, 2018|Categories: State of the Industry|Tags: , , , |

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