Finance Ministry presents three new investor facilitation packages to PM to boost investment climate    Egypt, Bahrain explore deeper cooperation on water resource management    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    African trade ministers meet in Cairo to push forward with AfCFTA    Egypt's President, Pakistan's PM condemn Israeli attack on Qatar    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Madrid trade talks focus on TikTok as US and China seek agreement    Egypt wins Aga Khan Award for Architecture for Esna revival project    Egypt's gold prices hold steady on Sep. 15th    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Telecom Egypt reaches agreement with Airtel India in maritime cable field
Published in Ahram Online on 06 - 08 - 2018

Telecom Egypt signed a memorandum of understanding with India's Airtel on Monday to enhance cooperation in the maritime cable field.
According to the memo, the Indian company will get indefeasible right of use (IRU) on the Middle East, North Africa Submarine Cable (MENA Cable) and TE North Cable Systems, Telecom Egypt said in a statement.
The agreement will enable Airtel to further diversify its global network to meet growing demands with its data services, particularly in emerging markets across South Asia, Africa and the Middle East.
It will also help the Indian company benefit from the favourable economic solutions presented by Telecom Egypt in regards to the existing wide cable systems network.
Telecom Egypt is Egypt's first integrated telecom operator, and the partnership grants Airtel the right to use fibre pairs of MENA Cable from Egypt to India with access to Saudi Arabia and Oman, and other fibre pairs from Egypt to Italy.
Under the agreement, Airtel will also get the right to use a fibre pair from Egypt to France on TE North, along with capacities on SMW5 and AAE1 cable systems.
“The partnership involving MENA Cable and TE's network will be a good addition to our global network portfolio and will provide us with a high quality and diversified new route to Western Europe and the rest of the world,” said Ajay Chitkara, Airtel's director and chief executive officer.
“It will provide impetus to India's emergence as a major regional internet hub, while serving our customers across the SAARC region (South Asian Association for Regional Cooperation) with seamless global connectivity,” he added.
Airtel's global network portfolio includes ownership of an i2i submarine cable system connecting Chennai to Singapore, a consortium ownership of a SMW4 submarine cable system connecting Chennai and Mumbai to Singapore and Europe, and new cable system investments with Asia America Gateway, India-Middle East-Western Europe (I-ME-WE), Unity, EIG and the East Africa Submarine System.


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