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 [...]

2018-09-17T13:27:23-04:00September 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 [...]

2018-08-06T09:35:48-04:00August 6th, 2018|Categories: Current Systems|Tags: , , , , , , , , , |

Telecom Egypt EISCC Buys MENA For $90m

Telecom Egypt EISCC Buys MENA-SCS For $90m By Daily News Egypt May 21, 2018 Telecom Egypt has announced that its 50% subsidiary, the Egyptian International Submarine Cables Company (EISCC), has completed an agreement with Orascom Telecom Media and Technology Holding (OTMT) for the purchase of OTMT’s shareholding in Middle East and North Africa Submarine Cable [...]

2018-05-21T10:56:29-04:00May 21st, 2018|Categories: State of the Industry|Tags: , , , , |

Telecom Egypt Approves Acquisition Of MENA Cable

Telecom Egypt Approves Acquisition Of MENA Cable From Orascom TMT, Long-Term Credit Facilities By Telecompaper May 10, 2018 Telecom Egypt said that its board has approved two strategic decisions to increase its return on investment, and provide the liquidity to facilitate the implementation of its business plan. The board approved the acquisition of MENA Cable [...]

2018-05-11T09:25:21-04:00May 11th, 2018|Categories: Current Systems|Tags: , , |

Interested in advertising with us? Visit the Advertising Portal for details. Dismiss

0