China Telecom Philippines to Hong Kong Cable Link Eyed

China Telecom PH-HK cable link eyed By Miguel R. Camus, Inquirer.net November 21, 2018 China Telecom, the state-run firm that joined the consortium that won the Duterte administration’s third telco initiative, announced a plan to build a submarine cable to the Philippines as part of an offer to improve the quality of internet services and [...]

2018-11-21T11:13:44+00:00November 21st, 2018|Categories: Future Systems|Tags: , , , , , , , , , , |

Djibouti Telecom, Somtel and TE SubCom Announce Mogadishu Branch of DARE1 Cable System

Djibouti Telecom, Somtel and TE SubCom Announce Mogadishu Branch of DARE1 Cable System TE SubCom Press Release October 25, 2018 DJIBOUTI CITY, DJIBOUTI and SOMALILAND, SOMALIA – Djibouti Telecom and Somtel today announced that the supply contract for the Djibouti Africa Regional Express 1 (DARE1) submarine cable system has come into force, with TE SubCom [...]

2018-10-25T14:05:30+00:00October 25th, 2018|Categories: Future Systems|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: , , , , , , , |

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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