{"id":596580,"date":"2019-07-02T12:57:42","date_gmt":"2019-07-02T12:57:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/telecom-egypt-plans-to-invest-egp-17-bn-through-2020\/"},"modified":"2019-07-02T12:57:42","modified_gmt":"2019-07-02T12:57:42","slug":"telecom-egypt-plans-to-invest-egp-17-bn-through-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/telecom-egypt-plans-to-invest-egp-17-bn-through-2020\/","title":{"rendered":"Telecom Egypt plans to invest EGP 17 bn through 2020"},"content":{"rendered":"<p><b>INVESTMENT WATCH- Government-owned carrier Telecom Egypt (TE) is planning to invest EGP 17 bn through 2020<\/b>, <a href=\"https:\/\/www.zawya.com\/mena\/ar\/business\/story\/%D9%85%D9%84%D8%AE%D8%B5%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9_%D9%84%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA_%D8%AA%D8%B1%D8%B5%D8%AF_%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA_%D8%A8%D9%86%D8%AD%D9%88_17_%D9%85%D9%84%D9%8A%D8%A7%D8%B1_%D8%AC%D9%86%D9%8A%D9%87_%D9%84%D8%B9%D8%A7%D9%85%D9%8A%D9%86-TR20190701nL8N2421L7X1\/\">Reuters reports<\/a>. The company is accelerating efforts to develop its infrastructure and improve its networks by 2020, two years earlier than initially planned. The company said <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/17\/telecom-egypt-to-expand-in-data-centers-in-the-coming-two-years\/\">last month<\/a> that it was planning to build four or five data centers in the coming two years in the new administrative capital, Alexandria, Smart Village, and Suez. It is also upgrading its existing data centers and is expecting to host <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/te-nokia-ink-mou-to-provide-iot-services-to-egypt-businesses\/\">Nokia\u2019s Internet Of Things<\/a> platform by the end of the year to serve Egypt and the region. TE is also working to meet the requirements to host <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/microsoft-collaborates-with-telecom-egypt-to-bring-cloud-services-to-egypt\/\">Microsoft\u2019s cloud network<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Government-owned carrier Telecom Egypt (TE) is planning to invest EGP 17 bn through 2020, Reuters reports. The company is accelerating efforts to develop its infrastructure and improve its networks by 2020, two years earlier than initially planned. The company said last month that it was planning to build four or five data centers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[214,72,7111,5182,2380,212],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596580","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cit","tag-enterpriseam","tag-infrastructure","tag-mobile-network","tag-speed-round","tag-telecom-egypt","wpautop","entry"],"acf":{"mongo_id":"f16d005b-d471-406c-807a-e05e4e9c5fca","is_powered_by":true,"section_story_id":"a1cdc2d2-a56b-4bf6-b53e-03b74b3f35ef","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596570],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Telecom Egypt plans to invest EGP 17 bn through 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/telecom-egypt-plans-to-invest-egp-17-bn-through-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telecom Egypt plans to invest EGP 17 bn through 2020\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Government-owned carrier Telecom Egypt (TE) is planning to invest EGP 17 bn through 2020, Reuters reports. 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The company, Africa\u2019s largest high-speed internet provider, has\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/286.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569118,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/13\/orange-egypt-to-invest-egp-4-bn-in-2020-to-upgrade-network\/","url_meta":{"origin":596580,"position":1},"title":"Orange Egypt to invest EGP 4 bn in 2020 to upgrade network","author":"enterpriseam admin","date":"13 February 2020","format":false,"excerpt":"INVESTMENT WATCH- Orange to invest EGP 4 bn this year in upscaling network: Orange Egypt are planning to invest EGP 4 bn this year in network improvements, the company said in a press release carried by Masrawy. This would bring the total investments of the company in the past 20\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594198,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/22\/telecom-egypt-to-have-20-mn-homes-fiber-optic-supported-by-2020\/","url_meta":{"origin":596580,"position":2},"title":"Telecom Egypt to have 20 mn homes fiber-optic-supported by 2020","author":"enterpriseam admin","date":"22 October 2019","format":false,"excerpt":"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\u2019s internet infrastructure, Shamroukh added. We noted in July that the state-owned landline\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572117,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/11\/earnings-watch-misr-cement-abu-qir-telecom-egypt\/","url_meta":{"origin":596580,"position":3},"title":"Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt","author":"enterpriseam admin","date":"11 June 2020","format":false,"excerpt":"EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on the back of declining investment income, according to itsearnings release (pdf). TE\u2019s consolidated revenues rose 15% y-o-y to EGP 7 bn as a result of higher retail data revenues. 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