Telecom Egypt, Egypt’s incumbent operator, TE Data, Egypt’s leading data operator, and Telecom Italia Sparkle, Italy’s international services carrier, announced that they are expanding the cooperation of the already signed Partnership Agreement in the field of IP services and advanced data solutions for multinational customers.
The three-party Agreement calls for the sharing of technical and commercial strategies with the aim of building a mutually stronger position in the Mediterranean basin telecommunications market. Integrating their respective capabilities and know-how will also serve to enhance their product portfolios and broaden the range of services offered by each partner.
The qualifying element of the Partnership Agreement is the installation and start-up of a Telecom Italia Sparkle Point of Presence (POP) in Cairo. Through this POP, mainly Egyptian and Italian Corporate customers can gain access to state-of-the-art and truly global IP/Data services (e.g. IP-VPN Virtual Private Networks and other managed bandwidth solutions).
The three partners have announced that a handful of corporate customers are already connected and using the services of the new Cairo POP.
Telecom Egypt, Vice Chairman (International & New Services), Azza Torky said:
“It has always been Telecom Egypt’s strategic goal to expand the portfolio of its services to satisfy the various needs of its customers. By partnering with TE Data and TIS we were able to better serve our global customers. Our agreement with TE Data and TIS has proven to be very successful over the past year and we look forward to more success in the future”.
Stefano Mazzitelli, CEO Telecom Italia Sparkle, said:
“We are proud to have been selected by Telecom Egypt and TE Data as a key partner. This agreement represents a further building block in TI Sparkle’s cooperation strategy with the largest operators of the Mediterranean basin. I am confident that the partnership announced today will produce great benefits for both TI Sparkle and Telecom Egypt customers”.
TE Data CEO, Mohammed El Nawawy, said:
“Partnering with Telecom Egypt and Telecom Italia Sparkle last year made perfect business sense to us. We are very pleased to have reached this cooperation agreement with one of the largest International Telecommunication service providers. TE Data will continue to make all the needed efforts to maintain last year’s great achievements and we look forward to expanding this successful cooperation model to our regional operation outside the boundaries of Egypt”.
Cairo and Rome, 7 February, 2005