Latest in Tag: te Highlight
Latest in Tag: te

Agreement held between TE, Grid Telecom to establish submarine cable linking Egypt, Greece
The agreement was signed by Adel Hamed, Managing Director and CEO of Telecom Egypt, and Manos Manousakis, Chairman and CEO of IPTO.

TE cooperates with Grid Telecom to build submarine cable linking Egypt, Greece
This came during a visit by a delegation from the Greek IPTO to Telecom Egypt’s headquarters in the Smart Village in Cairo.

TE provides Aqua Comms with landing, crossing services for EMIC-1 subsea cable
Under this agreement, TE will provide EMIC-1 — which is a new intercontinental subsea cable and terrestrial fibre system — a seamless optical path between East Africa, Asia, and Europe.

Telecom Egypt provides Google with layer 3 mesh network solution
Telecom Egypt (TE) has signed an agreement with Google to provide the latter with layer 3 mesh network solution.

TE, AMS-IX partner to establish EG-IX Internet Traffic Exchange Center
The centre will be located inside TE’s largest international data centre in the Smart Village, located on the outskirts of Cairo.

NTRA accepts, approves TE’s new package of frequency bands
TE has also implemented a strategy of transformation from an integrated telecommunications service provider to the best provider of ICT services in Egypt.

TE cooperates with Ericsson to modernise its international portal
The upgrade will contribute to improving the quality of TE’s services, and achieve its aspirations towards developing the basic network, in addition to meeting customers’ future requirements.

TE establishes Egypt’s first international data centre
Despite exceptional circumstances and economic repercussions imposed by COVID-19 pandemic, TE was able to implement project

TE, Vodafone submit financial offers for new frequencies
Orange and Etisalat have refrained from the bidding process

TE considers Vodafone Egypt acquisition as banks willing to finance deal
Should the deal be sealed, TE would merge WE with Vodafone Egypt

TE continues monitoring STC acquisition of Vodafone Egypt
In a recent report attached to its financial results for the second quarter (Q2) of 2020, TE added that it is working with its consultants to identify all available alternatives and evaluate them.

Internet services lead TE profits growth in H1 of 2020
TE achieved revenues of EGP 15bn during the first half (H1) of this year, reflecting a growth of 18% over the same period last year. The growth was supported by a 37% increase in data services revenues compared to the same period last year.

TE, Etisalat Misr sign agreements for mobile, fixed telecommunications interconnection
Agreements will see Etisalat Misr continue providing its services in Egypt for three and a half years

TE signs global partnership establishing continental marine cable 2Africa
The 2Africa cable will pass through 16 African countries, and aims to enhance communication services and develop future Internet services in Africa and the Middle East.

TE establishes mini-shops to stop crowding at central offices
New outlets will ease pressure on main offices and protect customer health and safety

Sterling and Wilson wins implementation contract of TE’s data centre in Smart Village
Project’s cost amounts to EGP 500m, to be completed in October: source

Mandatory purchase offer must be made for TE’s share: FRA
The FRA source told Daily News Egypt (DNE) that the FRA was not officially notified by any company of the updates yet.

TE’s preemption may intefere in STC-Vodafone deal
The company has the right to acquire Vodafone Egypt’s full shares on the condition they offer a similar deal to STC: Legal source

No change in Vodafone Egypt management after STC acquisition: CEO
TE has pre-emption right to purchase Vodafone International’s stake in Vodafone Egypt after STC $2.39bn acquisition offer for Vodafone Egypt

TE invests $3bn to upgrade its infrastructure over five years: CEO
“We Pay” application launched as part of the company’s digital services plan, says Hamed

Microsoft collaborates with Telecom Egypt to announce its first cloud network in Egypt
Network collaboration will further enhance delivery of services to customers in Egypt, North Africa and the Middle East

TE, Huawei sign MoU to create 1st cloud computing in Africa, Middle East
Barcelona- Egypt’s Minister of Communications, Amr Talaat, witnessed on Monday the signing ceremony of a memorandum of understanding (MoU) between Telecom Egypt (TE) and Huawei to establish a strategic partnership between both companies in the field of cloud computing. It came during Talaat’s participation in the Mobile World Congress 2019 in Barcelona from 25 to 28 …

TE will receive EGP 5.5bn of shares in Vodafone revenues
Two companies sign cooperation protocol witnessed by ICT minister

Beltone reiterates “buy rating” of TE’s shares amid board reshuffle
Beltone Financial reiterated the “Buy rating” for Telecom Egypt (TE), of which 80% stake is owned by the state. Earlier, TE announced a partial reshuffle in the company’s board of directors, including three members with an immediate effect and for the remaining term of the current board of directors. The board of directors held a …

First time in Africa, Nokia powers 200G optical service on TE’s Delta Backbone Network
The announcement came during the Cairo ICT exhibition, where the company revealed that the commercial deployment of the new high-speed service started in June, and is the first 200G long distance and single carrier transmission service in Africa.

TE expands outwardly, establishes largest data centre for foreign investors in 2019: CEO
Vodafone Egypt owes TE EGP 6bn in retained profits

57% increase in TE’s debts in H1 2018
EGP 8.3bn net debts of the company

TE secures EGP 22bn worth revenues from long-term contracts with mobile operators
Capacity sales’ revenues grew in H1 2018

TE attains EGP 10bn as revenues in H1
45% increase in internet service revenues, add 1 million new mobile customers in 2018

TE, Indian Airtel sign MoU for global submarine cable systems
Service provider considered as major hub for crossing international traffic, says El Beheiry