This strategic partnership leverages both companies' significant investments in subsea cable infrastructure and resource sharing to address the rapidly increasing global demand for data.
The collaboration also introduces a range of innovative digital and business services, tailored to meet the evolving needs of businesses in Egypt and the whole region.
A central feature of the agreement is the international infrastructure commercial partnership, which is designed to expand Telecom Egypt's and CMI's global reach.
This initiative strengthens their commitment to providing high-quality, uninterrupted services in an increasingly interconnected world.
By adding new routes across their respective cable systems, the partnership aims to diversify and enhance the resilience of their networks, ensuring more reliable connectivity.
This agreement promises to unlock additional value and represents a cost-effective strategy for developing a robust global network infrastructure.
Combining CMI’s advanced digital solutions with Telecom Egypt’s nationwide infrastructure, market expertise, and regional presence, the two companies will explore tailored Digital, Information, Communication, and Technology (DICT) solutions to enhance enterprise smart services.
The collaboration will offer scalable solutions that drive digital transformation and support businesses in solidifying their positions in the enterprise services market.
Furthermore, both companies will continue to leverage their resources and expertise to improve services for global enterprises and consumers, accelerating the development of the digital economy while creating greater economic and societal value.
CMI, founded in December 2010 and headquartered in Hong Kong, provides comprehensive international information services and solutions in 39 countries and regions. It serves enterprises, carriers, and mobile users.
Telecom Egypt, with a rich history spanning nearly 170 years, is a leading force in Egypt’s telecom sector. It offers a wide range of services, including fixed and mobile voice, high-speed internet, smart solutions, data centres, and cloud computing.
The company, supported by cutting-edge technology, robust infrastructure, and an extensive subsea cable network, holds a 45 percent stake in Vodafone Egypt. Its shares are traded on the Egyptian and London stock exchanges.
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