REG - Telecom Egypt S.A.E - Telecom Egypt Announces Africa-1 Landing in Egypt

Telecom Egypt Co SAEAnnouncement

06/11/2024 13:30

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RNS Number : 2173L  Telecom Egypt S.A.E  06 November 2024

 

Telecom Egypt Announces Africa-1 Subsea Cable System Landing in Egypt

6 November 2024: Telecom Egypt, the total telecom operator in Egypt and one of
the largest subsea cables operators in the region, and Alcatel Submarine
Networks (ASN) have announced the successful landing of the Africa-1 subsea
cable system in Egypt at the Ras Ghareb cable landing station on the Red Sea.
This is the first of two planned landings in Egypt - the second Egypt landing
will be on its Mediterranean coast. Built and deployed by ASN, the system
links East Africa with the Middle East, South-Central Asia, and Europe.

Traversing Egypt via diverse terrestrial routes, this low-latency,
high-capacity, direct express system extends from Pakistan to France, with
initial landings in the United Arab Emirates, Kenya, Djibouti, Yemen, Sudan,
Saudi Arabia, Egypt, and Algeria. The Ras Ghareb landing is the third,
following earlier landings in Karachi, Pakistan, and Mombasa, Kenya.

The consortium-funded system, stretching over 10,000 kilometers with 8 fiber
pairs, aims to enhance global connectivity by providing diversity and
resiliency while significantly bolstering broadband traffic capacity. The
Africa-1 consortium comprises eight major players: Algerie Telecom, e&,
G42, Mobily, Pakistan Telecommunications Company Ltd., Telecom Egypt,
TeleYemen, and ZOI.

Mohamed Nasr, Managing Director and Chief Executive Officer of Telecom Egypt,
commented:

"Partnering with the Africa-1 consortium to build this transformative subsea
system is a significant milestone for all parties involved, as well as for the
global economy and connectivity. By making additional subsea routes available
in the growing markets of the Middle East, Asia, and Africa, this system will
boost broadband capabilities and expand our subsea network to meet the rising
demand for reliable, high-speed communications, especially for
bandwidth-intensive applications such as artificial intelligence. Africa-1
further enhances Egypt's position as a regional connectivity hub and helps
bridge the digital divide in underserved regions. Our rich subsea
infrastructure, available to our partners worldwide, underscores our
commitment to delivering superior connectivity solutions that enable both our
partners and end-users alike, driving economic growth across continents,
fostering innovation, and providing robust connectivity solutions. We look
forward to the operational launch of Africa-1 and the continued expansion of
our subsea network to meet the ever-growing demand for seamless global
communications."

Paul Gabla, Chief Sales and Marketing Officer of ASN at Alcatel, commented:

 

"We are excited to be part of the Africa-1 subsea cable system, a pivotal
project that will be a real game-changer by transforming connectivity across
East Africa, the Middle East, South-Central Asia, and Europe. ASN is committed
to bringing the most advanced technologies and extensive expertise to ensure
the seamless deployment and operation of this high-capacity, low-latency
infrastructure. This initiative not only enhances broadband traffic capacity
but also provides the diversity and resiliency needed to support the
ever-growing demands of global data transmission."

 

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 About Telecom Egypt

 

Telecom Egypt is a total telecom operator in Egypt, providing a wide array of
telecom services to a diverse customer base. Serving individuals, communities,
SOHOs, SMEs and large enterprises, Telecom Egypt offers a comprehensive,
innovative, and diversified portfolio of services, ranging from fixed and
mobile voice to essential data solutions that are crucial in today's digital
landscape. These services also include high-speed internet, smart solutions,
data center facilities, and cloud computing solutions tailored for businesses.

With a rich heritage of about 170 years, Telecom Egypt continues to lead the
Egyptian telecom market by providing cutting-edge technology, robust
infrastructure, and an extensive network of subsea cables to meet the needs of
its enterprise and consumer clientele. The company's pivotal role in Egypt's
telecommunications landscape is underscored by its expansive network coverage,
broad service range, and dedication to fostering innovation. Aside from its
mobile operation "WE", Telecom Egypt holds a significant 45% ownership 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.

 

For more information, contact:

The Investor Relations Team

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

Website: ir.te.eg (https://ir.te.eg/en/CorporateNews/PressReleases)

 

About Alcatel Submarine Networks (ASN)

 

Alcatel Submarine Networks, part of Nokia, leads the industry in terms of
transmission capacity and installed base with more than 800,000 km of optical
submarine systems deployed worldwide, enough to go almost 20 times around the
world. From traditional telecom applications to content and "over the top"
service provider infrastructures, as well as to offshore oil and gas
applications, ASN provides all elements of turnkey global undersea
transmission systems, tailored to individual customer's needs. An extensive
services portfolio completes its comprehensive offering for the submarine
business, including project management, installation, and commissioning, along
with marine and maintenance operations performed by ASN's wholly owned fleet
of cable ships.

 

For more information, visit our website: www.asn.com

Alcatel Submarine Networks media contact: communications@asn.com
(mailto:communications@asn.com)

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