Telecom Egypt, Orange Egypt pen EGP 15B agreements to enhance services
Updated 2/19/2025 8:33:00 AM
Arab Finance: Telecom Egypt and Orange Egypt have penned strategic agreements at a combined value of EGP 15 billion to improve technological services and meet customers’ needs, according to a press release.
Mohamed Nasr, Managing Director and CEO of Telecom Egypt, and Yasser Shaker, Managing Director and CEO of Orange Egypt, signed the deals in the presence of Amr Talaat, Minister of Communications and Information Technology, and Mohamed Shamroukh, CEO of the National Telecom Regulatory Authority (NTRA).
These agreements will support Orange Egypt's rollout plans for its 5G services. They will also involve amendments to the existing fixed internet services agreement, bolstering the cost-efficiency of services in the telecommunications market.
The two companies extended their transmission services agreement for an additional three years until 2032.
Moreover, they inked a new contract to provide fiber-to-the-site (FTTS) services to Orange's mobile sites for three years.
They also penned a service level agreement (SLA) to bolster Orange's position as a leading provider of high-speed mobile internet and telecommunications services.
Amr Talaat, Minister of Communications, said: “By mid-2025, we expect that mobile tower coverage for all three phases of the ‘Decent Life’ villages project will be completed, at a total cost of EGP 9 billion. Additionally, all newly constructed highways will be fully covered with mobile services."
Yasser Shaker, CEO and Managing Director of Orange Egypt, stated: "These initiatives will help increase operational capacity, enhance efficiency, and further solidify Orange's position in Egypt as a leading provider of telecommunications and mobile internet services."
On his part, Mohamed Nasr, Managing Director and CEO of Telecom Egypt, commented on the partnership with Orange: "This relationship is further strengthened through our ongoing efforts to expand the deployment of our fiber-optic network, connecting over 1,000 of Orange Egypt's mobile sites, and supporting their expansion in providing high-speed fixed internet services.
Nasr added: “I would like to emphasize that these agreements will help us maximize the returns on the substantial investments we have made in recent years to enhance our infrastructure."
In January, NTRA signed the agreement with Telecom Egypt, Vodafone Egypt, e& Egypt, and Orange Egypt to launch the Wi-Fi calling service.
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