Telecom Egypt, CMI pen agreement to foster digital economy
Updated 12/24/2024 9:46:00 AM
Arab Finance: Telecom Egypt and China Mobile International (CMI) signed a strategic commercial agreement to accelerate digital economy development, according to a press release.
The two parties will join forces to enhance services for global enterprises and consumers, securing greater economic benefits and societal value.
Wang Hua, Chairman and CEO of CMI, inked the deal with Mohamed Nasr, Managing Director and CEO of Telecom Egypt.
The partnership will leverage CMl's advanced digital solutions and Telecom Egypt's widespread regional reach to explore customized digital, information, communication, and technology (DICT) solutions.
This aims to advance smart services for enterprises and empower businesses with scalable solutions that drive digital transformation and reinforce the two companies’ positions as leaders in the enterprise services market.
Moreover, the collaboration unlocks additional value and reflects a cost-effective approach that aligns with their commitment to developing robust network infrastructure worldwide.
On the sidelines of the Forum on China–Africa Cooperation (FOCAC) 2024, China-based Hengtong entered into a strategic partnership with Telecom Egypt to develop training programs for students in fiber optic technologies.
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