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Egypt

$340m Portugal-Egypt subsea cable lands major milestone

Medusa Submarine Cable System, the Mediterranean Subsea Infrastructure Operator, and Portugal’s telecommunications player MEO (Altice Portugal) have signed an MoU (Memorandum of Understanding) defining the guidelines for the Medusa landing in Carcavelos, in the municipality of Cascais (Lisbon dis...

June 23

Telecom Egypt, Aqua Comms sign subsea cable agreement

Telecom Egypt and Digital 9 Infrastructure’s (D9) Aqua Comms have signed a new crossing and landing agreement for the Europe Middle-East India Connect 1 (EMIC-1) subsea cable in Egypt. Under the agreement, Telecom Egypt will provide EMIC-1, a new intercontinental subsea cable and terrestrial fibre system, and an optical path between East Africa, Asia, and Europe. This ...

European Investment Bank loans $167m to Telecom Egypt

Telecom Egypt signed an agreement with the European Investment Bank (EIB) - the lending arm of the European Union - to secure a medium-term loan of €150 million (US$167.39 million) to expand Telecom Egypt’s 4G broadband network. The new developmental facility will be used to support Telecom Egypt in improving its mobile network coverage by deploying around 2,000 new mob...

PEACE cable begins data flows between North Africa and Europe

Infrastructure developers have completed and brough online the PEACE cable system’s Mediterranean segment (PEACE-MED). PEACE-MED, a part of the trunk of the 15,000km PEACE cable system, is a 3200km undersea cable that connects Egypt to France, with additional landing points in Cyprus and Malta. The system is being managed by telecommunications service provider PCCW Glo...

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