Telecom Egypt (WE), the leading provider of telecommunications and information technology services in Egypt, has signed a cooperation agreement with Elsewedy Industrial Development Company to provide integrated telecommunications services and smart city solutions in Sokhna 360 City in the Suez Canal Economic Zone. The agreement was signed by Eng. Mohamed Nasr, Managing Director and CEO of Telecom Egypt, and Eng. Mohamed El-Qamah, CEO of Elsewedy Electric for Infrastructure Investments, in the presence of Eng. Ahmed Elsewedy, CEO and Managing Director of Elsewedy Electric.
Under this agreement, Telecom Egypt (WE) will implement the technological infrastructure for Sokhna 360 City, extend the fiber optic network necessary to provide high-speed internet, provide smart city services, and provide all integrated telecommunications services in the project, as well as establish towers and mobile signal booster stations and implement a smart points network in the project.
Eng. Mohamed Nasr, Managing Director and CEO of Telecom Egypt, said: “Telecom Egypt has a distinguished infrastructure and extensive technical expertise, which enabled it to provide the best level of telecommunications services that keep pace with the evolving needs of customers; which made it the strategic partner of major real estate development and economic development companies seeking to provide integrated telecommunications services and advanced smart solutions in their projects, to keep pace with the rapid technological development, and to contribute to driving the wheel of industrial development in Egypt according to sustainable development plans and strategies.” Eng. Ahmed El Sewedy, CEO and Managing Director of El Sewedy Electric, expressed his happiness with this distinguished partnership that came as a result of the success and fruitful cooperation of the two entities, El Sewedy Electric and Telecom Egypt WE, over many years. “This partnership has proven our ability to achieve excellence and innovation in our various fields, and we are excited to move forward towards achieving more joint achievements,” said Eng. Mohamed El-Kamah, CEO of Elsewedy Electric Infrastructure Investments. “We are committed to providing advanced solutions that meet the aspirations of our customers, so we are proud to cooperate with Telecom Egypt. This strategic partnership will enable us to provide a smart and integrated industrial environment in Sokhna 360 City, which supports the growth of industrial companies and encourages investment in the region. In addition, it will help industrial companies adopt the technologies of the Fourth Industrial Revolution, such as the Internet of Things, artificial intelligence, and fifth-generation networks. This in turn will enable them to improve their operations, make better decisions, and reduce their operating costs, which enhances their competitiveness in global markets and contributes to achieving sustainable development goals.”
For his part, Mr. Mohamed Abu Taleb, Executive Vice President for Commercial Affairs at Telecom Egypt, said: “We are pleased with the increasing confidence that Telecom Egypt gains every day from major real estate and industrial development companies, which confirms our ability to provide smart and integrated communications solutions with the best level of quality.” He added: “Telecom Egypt places the satisfaction of its institutional and individual customers at the top of its priorities, and does not stop developing and modernizing its infrastructure and technical capabilities to achieve this goal and ensure that its customers receive the best level of communications services.”
