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Sunday, 5 June 2022

Etisalat, TE close infrastructure agreements worth EGP 17 bn

Etisalat gets an infrastructure boost from Telecom Egypt: Our friends at Etisalat Misr have signed six agreements worth EGP 17 bn with Telecom Egypt (TE) to expand its transmission and fiber optic infrastructure, TE said in a statement Thursday. The main event was the inking of an EGP 12.5 bn 10-year transmission agreement, which will help Etisalat expand its network, TE said.

More on the agreements: TE also agreed to extend fiber optic connections to Etisalat’s mobile towers and amended the national roaming agreement TE signed with Etisalat in 2017 to allow TE more access to Etisalat’s service infrastructure. The two also agreed to work on a more “flexible” mechanism to continue to allow TE to use Etisalat’s network after the agreement expires by the end of the year.

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