Telecom Egypt and Etisalat Misr signed six new commercial and strategic agreements that entail the provisioning of services by Telecom Egypt to Etisalat Misr including infrastructure, access and voice services allowing Etisalat to provide premium services to its customers nation-wide on Telecom Egypt’s network.
One of the agreement is a 10-year transmission agreement with a total value of EGP 12.5 billion. This agreement will secure the current and future expansions of Etisalat Misr network on Telecom Egypt’s infrastructure.
The two companies also signed a modification to the national roaming agreement signed earlier in 2017, to enable Telecom’s Egypt’s demand for growing capacities on Etisalat Misr’s network during the year 2022, beside setting the ground for a more flexible and appropriate mechanism for the expiration of this agreement, which is due by end of year.
“We are proud of our collaboration with Telecom Egypt, which affirms our leadership within the technology and telecom fields, playing a vital role in leading the digital future in Egypt. We are keen on investing in further strengthening and upgrading our network to meet the needs of Egypt’s market for data usage. Such investments will positively reflect in the quality of services provided to end users and comes in-line with the country’s digital transformation strategy as well as our mission to enrich people’s lives. During the upcoming period, these agreements will play an integral role in the company’s solutions that will be introduced for the first time in the Egyptian market,” Hazem Metwally, Chief Executive Officer of Etisalat Misr, said.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.