Search results for: Telecom Egypt

2744 results

A list of search results

  • 18 September 2018
    Business & Finance, Equipment

    Telecom Egypt has concluded the acquisition of Middle East and North Africa Submarine Cable (MENA Cable) from Orascom Investment Holding “OIH” through its subsidiary Egyptian International Submarine Cable Company EISCC. The total enterprise value of MENA Cable is USD 90 million of which USD 40 million represents the equity value of MENA Cable and the […]

  • 25 September 2018
    Business & Finance, Equipment

    Telecom Egypt board of directors has approved the acquisition of 50% of its subsidiary Egyptian International Submarine Cable Company (EISCC) at a value of USD 15 million. EISCC had recently completed the acquisition of Middle East and North Africa Submarine Cable (MENA Cable) from Orascom Investment Holding at a total enterprise value of USD 90 […]

  • 21 May 2018
    Operations & Maintenance, Project & Tenders

    Telecom Egypt’s subsidiary, Egyptian International Submarine Cables Company (EISCC), has signed a sale and purchase agreement with Orascom Telecom Media and Technology (OTMT) for the purchase of its shareholding in the Middle East and North Africa Submarine Cable (MENA). The sales and purchase agreement has a total value of USD 90 million, the company noted. […]

  • 7 August 2018
    Business & Finance, Equipment, Project & Tenders

    Airtel and Telecom Egypt have formed a strategic submarine cable partnership. Namely, Airtel will get indefeasible right of use on Middle East North Africa Submarine Cable (MENA Cable) and TE North Cable Systems. In addition, Airtel will also take large capacities on a long-term basis on two new cable systems (SMW5 & AAE1). The partnership […]

  • 8 May 2019
    Business & Finance, Equipment, Operations & Maintenance

    PCCW Global and Telecom Egypt recently signed a landing party agreement in Beijing. This agreement will enable the Pakistan & East Africa Connecting Europe (PEACE) cable system to land and cross Egypt, effectively linking Asia, Africa and Europe with a 12,000km ultra-low latency high-speed cable system. The trilateral agreement between Telecom Egypt, PCCW Global and […]

  • 14 May 2020
    Project & Tenders

    China Mobile International, Facebook, MTN Global Connect, Orange, stc, Telecom Egypt, Vodafone and WIOCC are teaming up to build 2Africa subsea cable that will connect 23 countries in Africa, the Middle East and Europe. The parties have appointed Alcatel Submarine Networks to build the cable in a fully funded project which will enhance connectivity across […]

  • 19 April 2016
    Operations & Maintenance

    MTN Group, PCCW Global, Saudi Telecom Company (STC), Telecom Egypt (TE) and Telkom South Africa have signed a Memorandum of Understanding (MoU) for the construction of the new ‘Africa-1’ submarine cable system. This consortium-funded system will connect Africa with the Middle East and South Central Asia and provide onward connectivity to Europe. Africa-1 will have at […]

  • 29 June 2011
    Business & Finance

    Cyta announces the agreement for the commercial operation of the Cyprus-Egypt segment of its private submarine cable subsystem ALEXANDROS. Following the successful activation of the Cyprus-France segment in August 2010, the Cyprus-Egypt segment is planned to be activated during summer 2011, complementing available capacity and connectivity in the Mediterranean, ahead of other competing submarine systems […]

  • 28 March 2013
    Business & Finance, Equipment, Operations & Maintenance

    Egypt’s coastguard caught three divers cutting an undersea internet cable and causing disruptions to online services on Wednesday, Telegraph reports. The damage was caused on South East Asia-Middle East-West Europe 4 (SEA-ME-WE 4) cable which links France to Singapore, with branches connecting telecommunication companies in Malaysia, Thailand, Bangladesh, India, Sri Lanka, Pakistan, United Arab Emirates, […]

  • 3 November 2015
    Operations & Maintenance

    Cyta and Telecom Italia Sparkle announced that the new KIMONAS subsea cable subsystem linking Cyprus with Crete will come into full commercial service by the end of 2015. KIMONAS will be Cyta’s first wholly owned optical fibre cable subsystem connecting Cyprus and Greece. The subsystem, that will connect Cyta’s cable station in Pentaskhinos with MedNautilus […]

  • 21 December 2016
    Project & Tenders

    Orascom Telecom Media and Technology (OTMT) has sold the entire shareholding of its subsidiary Middle East and North Africa Submarine Cable (MENA) to Network i2i, a subsidiary of Bharti Airtel. OTMT holds a 100% stake in MENA. OTMT aims to conclude this transaction by the end of Q1 2017, after the fulfillment of all conditions precedents and obtaining […]

  • 17 March 2014

    Germany’s RWE Aktiengesellschaft and LetterOne Group have today agreed terms for the sale of RWE Dea AG for approximately 5.1 billion Euro (USD 7.1 billion)

  • 29 January 2014
    Business & Finance, Operations & Maintenance

    Etihad Etisalat (Mobily) announced the agreement to install a new submarine cable named AAE-1. The agreement was signed in Hong Kong with 17 operators, and the cable is expected to link countries of the Far East to Europe through the Middle East and Africa. The submarine cable will be layed over a distance of 25,000 […]

  • 21 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    APTelecom has been engaged by Middle East and North Africa Submarine Cable System (MENA-SCS) to assist with international sales and the commercialization of a new submarine cable system known as MENA Cable, connecting Europe to Middle East and India. The MENA cable system is independent of other builds in the region and is, according to […]

  • 23 June 2011
    Business & Finance, Operations & Maintenance

      Cyta, the premier telecommunications provider in Cyprus, and Telecom Italia Sparkle, the international services arm of the Telecom Italia Group, announce their agreement following a top management meeting in Rome, for the new ATHENA submarine cable subsystem linking Cyprus to Greece, which will come into full commercial service by the end of 2011. The […]

  • 24 June 2011
    Business & Finance

      Cyta, the premier telecommunications provider in Cyprus, and Telecom Italia Sparkle, the international services arm of the Telecom Italia Group, announce their agreement following a top management meeting in Rome, for the new ATHENA submarine cable subsystem linking Cyprus to Greece, which will come into full commercial service by the end of 2011. The […]

  • 11 January 2012
    Business & Finance, Operations & Maintenance

      Sify Technologies Limited, a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, announced the operational readiness of their Undersea Cable Landing Station in Mumbai. Speaking on the occasion, Mr. Raju Vegesna, CEO and Managing Director, Sify Technologies, said, “Sify is being increasingly recognised as a leading integrated […]

  • 22 August 2014

    Germany’s Economy Ministry has given a green light to the sale of RWE Dea to LetterOne group, headed by Russian billionaire Mikhail Fridman.

  • 17 November 2016
    Equipment

    PCCW Global, the international operating division of HKT, has selected the Djibouti Data Center (DDC) to help facilitate network expansion and the provision of colocation and undersea fiber cable access services in East Africa. The Djibouti Data Center has been built to Tier III data center standards and serves as a meeting point for undersea […]

  • 6 November 2012
    Business & Finance, Equipment, Operations & Maintenance

    Mitsubishi Electric Corporation announced that it has completed work on the India-Middle East-Western Europe (IMEWE) Cable Network to upgrade the submarine cable network with 40 gigabits per second (Gbps) dense wavelength division multiplexing (DWDM) technology. The upgrade involved installation of submarine line terminal equipment in eight countries. The IMEWE Cable System, which was commissioned in […]

  • 30 April 2014
    Business & Finance, Equipment, Project & Tenders

    Rapidly growing Egypt based company Deeptech Oil Services have confirmed an order with SMD for a Quasar MkII 150hp 3000m rated work class remotely operated vehicle (ROV). The high specification system includes Tophat tether management system, A-Frame, umbilical winch and fully integrated control cabin.  The system is due for delivery in the second quarter of […]

  • 27 July 2012
    Business & Finance

    Saudi Telecom Company (STC) has organized the regular international conference for the submarine project (IMEWE). The conference, which included investor and regulation committees, took place in Riyadh, from the 16th to the 18th of July, 2012. Senior executives and representatives of corporate partners in the project attended the meeting. The massive international project foresees one […]