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October 15, 2009
CAIRO, Egypt -- Telecom Egypt (TE) (Ticker: ETEL.CA; TEEG.LN) announces the launch of its first Fiber-To-The-Home (FTTH) implementation in Egypt in Cairo Suburb area of Qatamiya. This represents a major achievement which enables the company to provide new and integrated services that cater for current and future needs for residential and business customers through the fixed networks.
Mr. Tarek Tantawy, Chief Executive Officer and Managing Director of Telecom Egypt commented that “Telecom Egypt is adopting a new strategy to roll out fiber access networks in areas with demand for high speed broadband access that reaches 70 Megabits/Sec. By connecting residential customers with a direct fiber connection we can offer Triple Play services through one single high speed connection. This represents a breakthrough in access networks in Egypt.”
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