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Agence Ecofin
Friday 28 June 2024 Last update on Friday, June 28, 2024 At 7:00 AM

Egypt's geographical position, straddling three continents, makes it a prime destination for submarine cable owners. Telecom Egypt wants to take advantage of this to become the leader in connectivity services in the Middle East and North Africa.

On Wednesday 5 June, state-owned Telecom Egypt and submarine cable operator SubCom announced the landing in Egypt of the IEX fibre optic submarine cable. The 10,000 km infrastructure links India to Europe. The initiative should enable the partners involved to offer their customers more advanced, high-capacity services to meet the growing demand for high-speed connectivity.

The IEX is the fifteenth international fibre optic submarine cable to which Egypt is connecting. Telecom Egypt also has several ongoing contracts with partners for the landing of new systems in the country. Last January, the incumbent agreed with NaiTel to build a fibre optic submarine cable linking Egypt and Jordan. In October 2023, it signed a memorandum of understanding with the Hungarian company 4iG to establish a connection between Egypt and Albania.

These initiatives are part of the incumbent operator’s drive to establish itself as an international benchmark in the provision of broadband connectivity services, particularly in the Middle East and North Africa. Taking advantage of Egypt’s unique position between Africa, Europe and Asia, the company is attracting collaborations with major players in the sector when it comes to international infrastructures such as submarine cables and data centres.

“Our mission is to develop our infrastructure in line with the latest technologies and international standards, while providing distinctive and competitive commercial offerings to our partners and customers, both locally and internationally,” said Mohamed Nasr, Managing Director of Telecom Egypt.

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