Niger restricts Benin's cargo transport through togo amidst tensions    Malian MP warns of Western pressure after dialogue recommends extending transition    Egypt's museums open doors for free to celebrate International Museum Day    Egypt and AstraZeneca discuss cooperation in supporting skills of medical teams, vaccination programs    TSMC to begin construction of European chip factory in Q4 '24    Biden harshly hikes tariffs on Chinese imports to protect US businesses    German inflation up to 2.4% in April    Madinaty Open Air Mall Welcomes Boom Room: Egypt's First Social Entertainment Hub    Oil steady in early Tuesday trade    Indonesia kicks off 1st oil, gas auction    Mabany Edris boosts Koun Project investment to EGP 7bn    Sales of top 10 Egyptian real estate companies hit EGP 235bn in three months: The Board Consulting    Cred entrusts Ever's clubhouse operations to Emirati firm Dex Squared    Egypt and OECD representatives discuss green growth policies report    Egypt, Greece collaborate on healthcare development, medical tourism    Key suppliers of arms to Israel: Who halted weapon exports?    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Intel eyes $11b investment for new Irish chip plant    Al-Sisi inaugurates restored Sayyida Zainab Mosque, reveals plan to develop historic mosques    President Al-Sisi hosts leader of Indian Bohra community    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    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    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian Govt Approves OTMT's MENA Internet Cable
Published in Amwal Al Ghad on 18 - 03 - 2013

Ahmed Khalaf, MENA Cables Executive Manager, announced that government authorities approved a final license granted to Orascom Telecom Media and Technology Holding (“OTMT") (OTMT.CA) of an international internet cable inside Egypt.
Khalaf further told Anadolu Agency that a ministerial decision is released from Ministry of Transport declares the approval of OTMT project for a fees of EGP 10.8 million (US$1.6 million).
It is worthy to note that, the company has finalized all cable parts starting with Italy, Gulf ( from Saudi Arabia through Amman) to connect India and Greece.
He added that OTMT by granting all needed approvals the company will be done with all Cable parts, knowing that its length is 900 Km starting from Alexandria till Zafarna El-Sokna to be on usage after ending the Egyptian part.
Karim Bishara, CEO of OTMT had previously asserted to Amwal Al Ghad that the firm will not sell its long submarine communications cable system Middle East and North Africa for Sea Cables (MENA). He indicated that OTMT plans to continue its investments in MENA cable despite the current obstacles in Egypt.
Bishara added that the OTMT is currently in talks with the Egyptian Ministry of Information and Communication Technology (MCIT) to resume the work on the submarine cable directly or to go into a partnership with Telecom Egypt.
Bishara also said the MENA cable extends over 8800 km linking Italy, Saudi Arabia, Oman and India, passing through Egypt. The cable infrastructure, together with the existing cables, covers current and future international communications requirements between Egypt, the Arab World & India and Europe, reducing the cost of these services for the Egyptian user, and further providing alternative paths to circumvent internet outages.
Egyptian Minister of Communications and Information Technology Atef Helmy confirmed that an agreement has been reached with OTMT as regards its submarine cable MENA. He added that the remaining part of the cable inside the Egyptian territory will be linked to Telecom Egypt.


Clic here to read the story from its source.