REG - Telecom Egypt S.A.E - TE extends its network reach through SEA-ME-WE 6

Telecom Egypt Co SAEAnnouncement

22/02/2022 07:45

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RNS Number : 4080C  Telecom Egypt S.A.E  22 February 2022

 

Telecom Egypt extends its network reach through SEA-ME-WE 6 cable and provides
it a unique crossing route over its distinctive infrastructure

 

Cairo, 22 February 2022: Telecom Egypt, Egypt's first integrated telecom
operator and one of the largest subsea cables operators in the region,
announced that it is extending its reach through the Southeast Asia-Middle
East-Western Europe 6 (SEA-ME-WE 6) subsea cable, as part of the cable's
consortium. The new cable will cross Egypt over the company's distinctive
infrastructure through trans-Egypt's new geo diversified crossings and landing
points from the other cables in the SEA-ME-WE family.

With the rising demand for connectivity coupled with the dynamic digital
transformations that are triggering higher levels of data transfers from Asia
to Europe, SEA-ME-WE 6 provides an additional layer of diversity and
resilience for the high traffic density route between Asia and Europe,
strengthening the overall network of each consortium partner. The added
flexibility means service providers in the consortium can rapidly scale
capacity, protect traffic from faults, and lower total cost of network
ownership. The system is expected to be completed by the first quarter of
2025.

The construction has commenced on a 19,200 km-long submarine cable system
connecting multiple countries between Singapore and France. The SEA-ME-WE 6
system has more fiber pairs and over double the capacities of existing
SEA-ME-WE cables over its overall path. It will offer one of the lowest
latencies available between Southeast Asia, the Middle East, and Western
Europe, transferring more than 100 terabytes per second, the equivalent of
40,000 high-definition videos each second.

The SEA-ME-WE 6 consortium includes Bangladesh Submarine Cable Company, Bharti
Airtel Ltd. (India) Dhiraagu (Maldives), Djibouti Telecom, Mobily (Saudi
Arabia), Orange (France), Singtel (Singapore), Sri Lanka Telecom, Telecom
Egypt, Telekom Malaysia, Telin (Indonesia), and Trans World Associates
(Pakistan).

 

The Managing Director and CEO of Telecom Egypt, Mr. Adel Hamed, commented:

"Our participation in SEA-ME-WE-6 is another key milestone towards our goal to
diversify our submarine infrastructure and improve our global reach. We are
honored to work alongside renowned global partners to contribute to improving
user experience and serve customer demands for premium connectivity services
in cable-landing countries. We are also pleased to provide the new cable that
serves as the shortest and most reliable link between Asia, Africa, and Europe
as it connects the Red and Mediterranean Seas. For years, we have succeeded in
revamping our international infrastructure and increasing the geodiversity of
our assets to keep pace with the rising global demand for uninterrupted high
bandwidth services."

 

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About Telecom Egypt

Telecom Egypt is the first integrated telecom operator in Egypt providing all
telecom services to its customers including fixed and mobile voice and data
services. Telecom Egypt has a long history serving Egyptian customers for over
160 years maintaining a leadership position in the Egyptian telecom market by
offering its enterprise and consumer customers the most advanced technology,
reliable infrastructure solutions and the widest network of submarine
cables.  Aside from its mobile operation "WE", the company owns a 45% stake
in Vodafone Egypt. Telecom Egypt's shares and GDRs (Ticker: ETEL.CA; TEEG.LN)
are traded on The Egyptian Exchange and the London Stock Exchange. Please
refer to Telecom Egypt's full financial disclosure on ir.te.eg
(http://ir.te.eg/en/)

 

For more information, contact:

The investor relations team

Email: investor.relations@te.eg (mailto:investor.relations@te.eg)

 

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