Trends
Telecom Egypt partners with 4iG Group to build fibre network
OUR TAKE Earlier this year, 4iG also signed a separate memorandum of understanding with Telecom Egypt to deploy a submarine cable between Egypt and Albania, the company’s first foray into the submarine cable industry.–Zora Lin, BTW reporter What happened Telecom Egypt and Hungarian telecom company 4…
Headline
OUR TAKE Earlier this year, 4iG also signed a separate memorandum of understanding with Telecom Egypt to deploy a submarine cable between Egypt and Albania, the company’s first foray into the submarine cable industry.–Zora Lin, BTW reporter What happened Telecom Egypt and…
Context
OUR TAKE Earlier this year, 4iG also signed a separate memorandum of understanding with Telecom Egypt to deploy a submarine cable between Egypt and Albania, the company’s first foray into the submarine cable industry. –Zora Lin, BTW reporter Telecom Egypt and Hungarian telecom company 4 iG Group will form a joint venture to build, operate and commercialise wholesale fibre-to-the-home (FTTH) and fibre-to-the-station (FTTS) access infrastructure in Egypt .
Evidence
Pending intelligence enrichment.
Analysis
The two countries will invest $600 million over the next decade to build a modern fiber-optic network that will provide high-speed Internet access to at least 6 million homes. The project is aligned with the Egyptian government’s “Digital Egypt” and “Egypt Vision 2030” strategies. 4iG Group and Telecom Egypt have yet to agree on the business model, exact ownership structure, governance process and technical details of the joint venture. Also read: Discovering the power of fibre optic networks Also read: The working mode and benefits of a fibre network
Key Points
- Telecom Egypt has signed an agreement with Hungarian telecom company 4iG Group to modernise the country’s digital infrastructure.
- The two countries will invest $600 million over the next decade to bring high-speed Internet access to at least 6 million homes.
Actions
Pending intelligence enrichment.
