On Tuesday, Telecom Egypt announced the signing of a number of historic technology service agreements with Orange Egypt in an effort to strengthen their strategic partnership. Through these agreements, Orange Egypt will be able to improve its technology offerings and better serve its clientele.
This partnership demonstrates how technical expenditures have increased in the Egyptian market, how bolstering digital infrastructure is a priority, and how innovative service options are still growing.
The agreement was signed in the presence of Mohamed Shamroukh, CEO of the National Telecom Regulatory Authority (NTRA), and Dr Amr Talaat, Minister of Communications and Information Technology, Mohamed Nasr, Managing Director and CEO of Telecom Egypt, and Yasser Shaker, Managing Director and CEO of Orange Egypt.
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The overall estimated value of these agreements is around EGP 15 billion, which will be paid out over time.
Terms of the agreement
Additionally, gearbox servicing will be extended for a further three years, until 2032.
A new agreement to supply Orange’s mobile sites with fibre-to-the-site (FTTS) services for a duration of three years is also included.
A Service Level Agreement (SLA) was also agreed by the two businesses with the intention of enhancing Orange’s standing as a top supplier of telecommunications and high-speed mobile internet services.
The partnership will also aid Orange Egypt in launching its 5G services, contributing to the country’s ongoing digital transformation.
Moreover, the agreements incorporate modifications to the current fixed internet services agreement that concentrate on enhancing the cost-effectiveness of services in the telecom industry. This would make it possible for Orange Egypt to provide clients with better pricing and deals through more effective business models, enabling the supply of premium packages to end users at more affordable prices.
Because of their long-standing alliance, the two businesses have established a solid basis for outstanding commercial relationships in the Egyptian market, which has fuelled its expansion and produced the best results for all stakeholders.
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Comments from the shareholders
Dr. Amr Talaat, Minister of Communications and Information Technology, reaffirmed his commitment to ensuring Egyptians had access to the best Internet connection.
“By mid-2025, we expect that mobile tower coverage for all three phases of the ‘Decent Life’ villages project will be completed, at a total cost of EGP 9 billion,” the Minister assured. “Additionally, all newly constructed highways will be fully covered with mobile services.”
Yasser Shaker, CEO and Managing Director of Orange Egypt said the initiatives will “increase operational capacity, enhance efficiency, and further solidify Orange’s position in Egypt as a leading provider of telecommunications and mobile internet services.”
Mohamed Nasr,Telecom Egypt’s CEO, Managing Director and Chief Executive Officer of Telecom Egypt, said the “long-term agreements reaffirm the confidence in Telecom Egypt’s reliable infrastructure and extensive technical expertise.”