TE to complete work on gov’t district in NAC by end of 1H2020

State-owned landline monopoly Telecom Egypt (TE) expects to complete telecommunication services for the new administrative capital’s government district by the end of 1H2020, CEO Adel Hamed said, according to Mubasher. TE began working last week on an EGP 40 bn (c. USD 2.4 bn) project to develop a telecommunications network in the new capital after signing an agreement with the New Administrative Capital Company for Urban Development (NACCUD). The company will build and operate the city’s tech and digital security infrastructure.