AFR-IX telecom signs landing party agreement with Telecom Egypt for Medusa

Barcelona, 2 March 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and AFR-IX Telecom, a Barcelona-based infrastructure and telecom operator, signed a landing party agreement for the landing of the largest Mediterranean submarine cable system, Medusa, in Egypt. The  agreement was signed during the Mobile World Congress 2022 in Barcelona by the Managing Director and CEO of Telecom Egypt, Mr. Adel Hamed and Norman Albi, CEO of AFR-IX Telecom and Medusa.

Medusa is an 8,760 km submarine cable system with 24 fiber pairs. It offers a capacity of 20 Tbps per fiber pair. The cable will connect the northern and southern shores of the Mediterranean Sea. It will feature 16 landing points in Mediterranean countries, including Portugal and Morocco. Spain and Algeria are also among the landing points. Additionally, it will land in France, Tunisia, Italy, Greece, and Egypt. 

Telecom Egypt partners with global submarine cable owners, providing infrastructure to 140 landing points in 60+ countries. The company invested in submarine cables for the shortest, most reliable path between Africa, Asia, and Europe. Moreover, Telecom Egypt diversifies its infrastructure by building new landing stations and crossing routes. They also invest in new systems to meet rising global bandwidth demand.

Medusa, a new-generation submarine cable, follows the open cable standard. It tackles challenges by diversifying and decongesting data routes. The project increases capacity with more fibers per cable. Additionally, it promotes open access to all European landing stations.

About AFR-IX telecom

A private company, AFR-IX telecom, is based in Barcelona and has European capital.

AFR-IX telecom infrastructure investments include the new Barcelona Cable Landing Station – a neutral digital port – which starts operations in 2022 Q3 and aims to provide open access cable landing services to subsea cable operators for a neutral, safe, and secure landing in Barcelona.

Additionally, AFR-IX telecom is a licensed telecommunication operator in Portugal, Spain, USA and in multiple African countries as South Africa, Nigeria, Ghana, DRC, Mali, Burkina Faso, Sierra Leone, Niger, and Cameroon. It has the most reliable and largest Metro Ethernet Pan African Network and offers global coverage services to Africa.

About Telecom Egypt

Telecom Egypt, Egypt’s first integrated telecom operator, provides all telecom services. Moreover, it offers fixed and mobile voice and data services. With over 160 years of service, Telecom Egypt leads the Egyptian telecom market. Additionally, it offers advanced technology and reliable infrastructure solutions.. Additionally, it maintains the widest network of submarine cables for enterprise and consumer customers. Aside from its mobile operation “WE”, the company owns a 45% stake in Vodafone Egypt. Telecom Egypt’s shares and GDRs (Ticker: ETEL.CA; TEEG.LN) are traded on The Egyptian Exchange and the London Stock Exchange. Please refer to Telecom Egypt’s full financial disclosure on ir.te.eg

For more information, contact: The investor relations team; Email: investor.relations@te.eg