Telecom Egypt is planning to install optical fiber in 20 mn homes by 2020, CFO Mohamed Shamroukh said, according to Al Masry Al Youm. The company has already invested north of USD 3 bn to improve the country’s internet infrastructure, Shamroukh added. We noted in July that the state-owned landline monopoly has plans to spend EGP 17 bn through to 2020 to accelerate efforts to develop its infrastructure and improve its networks.

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