Etisalat, Telecom Egypt pen key infrastructure agreements
Etisalat and Telecom Egypt have announced two agreements that will facilitate the interconnection of fixed and mobile telecommunications.
Under the first agreement, valid for 3.5 years and valued at 2-billion Egyptian pounds (approximately US$125-million), Etisalat Misr will use Telecom Egypt’s infrastructure and network transmission services.
The two companies also penned an agreement on mobile-to-fixed termination.
In a statement, Telecom Egypt said the partnership entails a development of the company’s transmission and infrastructure services’ commercial model with Etisalat Misr.
For Etisalat Misr, the agreements will enable it to continue to deliver premium offers and mobile telecommunications services to its customer base in Egypt.
Hazem Metwally, CEO of Etisalat Misr said: “The development of events across the world makes telecommunications companies eager to cope with the required changes and during the next stage, agreements like the ones we have signed today will be reflected in the products and services that we will offer our customers for the first time in the Egyptian market.”
Adel Hamed, Managing Director and CEO of Telecom Egypt described the transmission agreement as evidence that Telecom Egypt’s long-term commercial model is valued by all mobile operators in the market.
“Telecom Egypt has heavily invested in its infrastructure to accommodate the significant and ongoing increase in data usage in Egypt. Such investments have especially borne fruit during these times that the world in its entirety is living.”
According to the latest Telecom Service Usage Indicators Report, released by Egypt’s National Telecom Regulatory Authority (NTRA), the country recorded a significant increase in the rate of usage of online applications such as Zoom (whose usage increased by 3456%) and Telegram (1100%).
The country also recorded a rise in the rate of educational website browsing by 395% since the start of the COVID-19 curfew period.