Tatweer Misr, the leading real estate development company, has signed a partnership agreement with Orange Egypt, the leading provider of integrated telecommunications services, to provide TRIPLE PLAY services for Fouka Bay. Fouka Bay is one of Tatweer Misr's three projects in Egypt; IL Monte Galala in Sokhna, Fouka Bay in North Coast, and Bloomfields in Mostakbal City. According to the agreement, Orange Egypt is expected to launch these services in Fouka Bay by June 2019. Orange's TRIPLE PLAY services include the provision of landline, television and Internet services through one outlet based on fiber optic cables. These sophisticated services will provide an enormous flow of information that can reach up to one gigabyte, as well as facilitating the connection to a variety of other services inside and outside the residential and commercial units, such as controlling security, water and electricity systems. The agreement is part of Orange's strategy to combine the power in mobile services and the expertise in digital services to ensure successful design and development of Smart Cities and Smart Homes program. Moreover, Tatweer Misr, one of the leading companies in the field of real estate investment, has selected Orange Egypt, one of the leading companies in the establishment and operation of telecommunication networks within the residential compounds, to implement this agreement. Commenting on the agreement, DAhmed Shalaby, CEO and Managing Director of Tatweer Misr, said "since its inception in the Egyptian market years ago, the first priority of Tatweer Misr is to provide innovative additional values to ensure a new and unprecedented level of housing and lifestyle for the residents of its projects by investing in study and research, and relying on the latest technological applications in each project. Tatweer Misr is committed towards the highest quality for its products, that is manifested through our constant endeavor to cooperate with significant partners who are distinguished in their fields and have international expertise and efficiency".
"This is why we have signed this agreement with Orange Egypt based on its long history in the ICT sector. We consider that step as another achievement attained by Tatweer Misr to provide integrated real estate solutions." Added Shalaby. As a matter of fact, TRIPLE PLAY services, provided by Orange within Tatweer Misr's project Fouka Bay, will be available in all the residential and commercial units within the Compound, providing maximum speed for internet connection. Orange will also provide IPTV services with high quality 4K television channels, as well as voice services such as fixed line and IP Telephony service via a highly sophisticated internal telecom network.
In addition, Yasser Shaker, CEO and Managing Director of Orange Egypt, expressed his appreciation and delight that Tatweer Misr has selected Orange Egypt to implement this large and vital project within one of their compounds, stressing on Orange's global expertise in providing innovative technological services both locally and internationally.
“The implementation of this agreement will help to provide high-quality TRIPLE PLAY services (voice, image, data), as orange will be supervising these services starting from implementation, operation, and management till expansion and deployment. Orange is also committed to provide the highest levels of professional quality and efficiency to serve its customers. ” Shaker added.
This agreement comes in line with Tatweer Misr's innovative thinking & values as well as its keenness on introducing new real estate concepts to the Egyptian market.
