Telecom Egypt has signed a MoU with China’s Huawei, which would see them cooperate on cloud computing on the sidelines of the Mobile World Congress which kicked off in Barcelona yesterday, the Ministry of Communications and Information Technology said in a statement. The MoU will only target non-government services. TE also signed two MoUs with Ericsson to upgrade its cloud network, which will enable it to provide 5G services and cooperate on developing cloud communications services, the ministry said in a separate statement. TE also signed a cooperation agreement with American hardware giant Cisco Systems, which will allow it to develop its fixed internet capabilities , according to statements from CEO Adel Hamed cited by Al Shorouk.
More from Enterprise
CIB says it received the green light to start due diligence on HSBC Egypt’s retail franchise
CIB is not the only potential suitor for HSBC’s retail…
Retail investors now have direct access to five EFG Hermes mutual funds
The move is the latest step in EFG Hermes’ push…
Under-construction data centers tap ratings to fund AI buildup
Developers are securing investment-grade ratings to unlock new pools of…
Bahrain’s Beban eyes Egypt launch with equity crowdfunding model
Mohamed Aboulnaga’s Foras AI raises stake as Beban seeks FRA…