Telecom

Telecom Egypt signs new deal with Huawei, ZTE and China Telecom

Telecom Egypt signs new deal with Huawei, ZTE and China Telecom
Friday, 09 August 2019 17:15

Telecom Egypt is setting strategies to develop its systems and broaden its networks. The company signed on August 8, 2019, on the sidelines of the BRICS Future Network Innovation forum (from 5 to 9 August 2019 in China), an agreement with Chinese technology company Huawei. Under this deal, signed between Adel Hamed, CEO of Telecom Egypt, and Vincent Sun, CEO of Huawei Egypt, the Chinese company will provide new communication usage models, as well as virtual reality (VR) and augmented reality (AR) applications to Telecom Egypt.
Egypt also gets from Huawei an investment for youth training programs, in collaboration with MCIT's training institutes and subsidiaries, including the Institute of Information Technology (ITI), the National Institute of Telecommunications (NTI) and the Information Technology Industry Development Agency (ITIDA). Together, the two parties’ companies will deepen their cooperation in advanced communication technologies and their various applications, such as 5G telecom and artificial intelligence (AI) solutions in agriculture and healthcare.
On 7 august 2019, Telecom Egypt signed a deal with telecom equipment manufacturer ZTE for the creation of a joint technology training center and innovation laboratory. The state-controlled company will benefit from ZTE’s expertise to train young people, engineers and technicians for mobile networks, the next generation passive optical network (NG-PON) and major data transfer networks, with a speed of more than 100 GB using optical fiber cables.
On the same date, Telecom Egypt also contacted China Telecom for cooperation in knowledge transfer, including customer service, installation Fiber to the Home (FTTH), and the provision of IP television services (IPTV). The two companies will collaborate to develop Telecom Egypt's operating model.

On the same topic
Kenya sells 15% stake in Safaricom to Vodacom for $1.8 billion Transaction reduces state ownership to 20% and gives Vodacom majority control...
Hormuud Telecom partners with GIZ to expand digital solutions Initiative focuses on cross-border payments to connect Somali firms with international...
Nigeria plans to invest 12 billion naira ($8.6 million) in a national digital economy research program. The initiative forms part of the BRIDGE...
Plan targets affordable connectivity, especially in rural areas Strategy includes infrastructure, skills investment, and policy...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
05

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.