Telecom Egypt data centre gets Tier III design certification

The agreements serve as Telecom Egypt’s strategic plan monetise its network, a foundation for delivering 5G services.

The Egyptian operating arm of Vodacom shows positive growth and performance, as it further commits to the market.

Mobily partners with Telecom Egypt to land the first Saudi submarine cable linking Saudi Arabia and Egypt through the Red Sea.

According to the telco, the refinancing comes at an important strategic point, aligning with Telecom Egypt's continued efforts to improve cash flow.

The hub plans to recruit local talent and aims to create 5000 jobs in the near future.

Prior to this expansion, Pargo raised $4 million in investment. The funds will help the company operate in Egypt's growing e-commerce sector.

The firm says the fresh capital injection will enable it to accelerate and become the go-to platform for health-conscious consumers across Saudi Arabia.

All four major telcos in Egypt, including Telecom Egypt have officially procured 5G licenses.

The deal specifies that the 'state-of-the-art' data centre will be built in two phases over an area of 80,000 square metres.

20-port antennas from Ericsson Antenna System will be integrated into e& Egypt’s network supporting high-order site sharing for all operators in the country.

The centre is part of the Arab Organisation for Industrialisation's efforts to localise technology and manufacture products that are currently imported.

Lucky ONE says the latest fundraising round marks a key milestone in its growth trajectory, and also underscores its investors' confidence in its capabilities.