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Wednesday, 28 March 2018

Telecom Egypt wants data centers to bring in 25% of its revenues within five years

State-owned monopoly Telecom Egypt is looking to make data centers account for 25% of its revenues within five years’ time, Chief Business Officer Muhammad Sameh told reporters yesterday, Al Mal reports. He says that this is the “natural course” of development for the telecom company due to the rapid development of data. The company currently has four data centers and is in the process of constructing another two, according to Sameh. After allegations surfaced in the media that TE had been using user bandwidth to mine cryptocurrency (and all the other issues with TE), this recent news brings back Col. Walter E. Kurtz’ dying words: The Horror.

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