Telecom Egypt and China Mobile International (CMI) have inked a strategic commercial partnership agreement to leverage the investments of both companies in subsea cable infrastructure and share resources to address the rapidly growing data needs of businesses and consumers worldwide.
The agreement was signed by Chairman and Chief Executive Officer of CMI Wang Hua and Managing Director and Chief Executive Officer of Telecom Egypt Mohamed Nasr.
This partnership entails a set of innovative, enterprise-grade digital and business services tailored to meet the dynamic needs of enterprises in Egypt and across the region.
This strategic agreement signals a key step towards deepening partnership between CMI, a wholly owned subsidiary of China Mobile-renowned for operating the world’s largest network, -and Telecom Egypt, the total telecom services provider in Egypt and one of the largest subsea cables operators in the region.
The international infrastructure commercial agreement is deemed a key element of partnership between Telecom Egypt and CMI and is meant to expand the global reach of both companies, reinforcing their shared commitment to delivering high-quality, uninterrupted services in an increasingly interconnected world.
Through combining CMI’s advanced digital solutions with Telecom Egypt’s robust nationwide infrastructure, extensive market expertise, and widespread regional reach, both organizations will explore customized DICT (Digital, Information, Communication, and Technology) solutions to advance smart services for enterprises, according to a statement issued by CMI on Tuesday.
The collaboration in meant to empower businesses with scalable solutions that drive digital transformation and reinforce their positions as leaders in the enterprise services market, the statement added.