Back to the complete issue
Tuesday, 5 January 2021

Google links up with TE

Google is looking to bump its international traffic capacity and reliability by tapping Telecom Egypt’s (TE) Mediterranean subsea cable and crossing network infrastructure. The two companies signed an agreement that will see the state-owned landline monopoly provide Google with a three meshed solution that connects several of TE’s cable landing stations in the Red and Mediterranean seas, according to a TE statement (pdf). The agreement will grant Google capacity on TE’s Mediterranean submarine cable, TE North. The project is expected to go live in 1H2021.

An expanded international presence and strengthened network infrastructure are expected to underpin TE’s revenue growth this year, which the company expects to be in the mid-to-high single digits, according to its 2021 guidance (pdf). TE is also looking to diversify its revenue streams by developing their network infrastructure and building new data center facilities.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.