Egypt, December 13th,
The Minister of Communication and Information Technology of Egypt, Amr Talaat, attended a signing agreement between ‘Egyptian Telecom’ and ‘Greece Telecom’ in Cairo today 2022, to create a marine telecom cable network which will connect Egypt and Greece.
The agreement was signed by Engineer Adel Hamed, Placement Member and CEO of the Egyptian Telecommunications Company, Mr Manous Manousakis, Chairman of the Board and CEO of the (Independent Power Transportation Company) IPTO, in the presence of Eng. Mohamed Nasruddin, Assistant Minister of Communications and Information Technology IT for international ITF, Egyptian telecom leaders.
During the agreement signing, MCIT Minister Amr Talaat stated that the new marine cable aims to strengthen Egypt’s strategic capacity in international marine cable lines.
Dr Amr Talaat also visited Greece during the crowning of the Memorandum of Understanding in February last year. As per the recent updates, the signing agreement was held between an Egyptian Telecom company and Grid Telecom, a subsidiary of the IPTO in Greece.
The operation is to expand the cable connecting offshores from Egypt and Greece via the Mediterranean Sea.
The cable network will be settled in new Zal in Eastern Europe on the Greek coasts, in which it will hold a special advantage in that more than 90% of data movement between East and West shores from the Egyptian lands and waters.
As per the reports, the agreement between both parties is a product of hard work over the last ten months from the start of the entire discussions at the time of his visit to Greece last year, where they signed a memorandum of understanding in which they agreed to connect both countries through cable network.
As per the officials from the MCIT Ministry, “The agreement comes within the framework of the Egyptian telecommunications company’s vision and expansion strategy to strengthen its infrastructure, expand its international network patency and multiple access points to Europe,
by opening an eastern gate to Europe via Greece, by creating a maritime cable system between Egypt and Yale Wannan to connect Port Said to the Greek island of Crete”.
“The new cable is one of the shortest routes to transfer data to the Balkans region in Eastern Europe and other destinations in Western Europe, contributing to enhancing Egypt’s strategic position as a global hub for communications services and data traffic between the East and West”. Officials noted.
Furthermore, Engineer Adel Hamed, Associate Member and CEO of Egyptian Telecom Company, said: “Egyptian Telecom is constantly working on expanding and developing its international infrastructure, and our cooperation with Jared Telecom will add value to our strong international network to reach more.” From 140 contact points in more than 60 countries worldwide.
“Our investments in different systems and solutions confirm our leadership in the international communications market thanks to the vast diversity our building enjoys, including the creation of new landing stations and transit routes, which will meet the growing needs of international services.”
In the end, the Egyptian telecommunications company signed a strategic memorandum of understanding with Grid Telecom that paved the way to research diverse ways to enhance Egypt-Greece linkage by linking current and future fibre optic cables.