HONG KONG – China Mobile (NYSE:) International (CMI), a subsidiary of China Mobile, and Telecom (BCBA:) Egypt have entered into a strategic commercial agreement to enhance subsea cable infrastructure and digital service offerings, the companies announced today. The partnership, signed by CMI’s Chairman and CEO Wang Hua and Telecom Egypt’s Managing Director and CEO Mohamed Nasr, aims to meet the surging data demands of global businesses and consumers.
The agreement focuses on international infrastructure, aiming to expand the global reach of both companies and provide high-quality, uninterrupted connectivity services. By integrating resources from both companies’ cable systems, the partnership is expected to improve network diversity and resilience, offering more reliable connectivity options.
In addition to infrastructure development, the collaboration will explore Digital, Information, Communication, and Technology (DICT) solutions to advance smart services for enterprises. The goal is to empower businesses with scalable digital transformation tools and reinforce the companies’ leadership in the enterprise services market.
The strategic partnership between CMI, which operates the world’s largest network, and Telecom Egypt, a major subsea cables operator in the region, reflects a shared commitment to developing robust network infrastructure worldwide. The collaboration is also set to accelerate digital economy development and create economic and societal benefits.
This announcement is based on a press release statement, which indicates that both CMI and Telecom Egypt will leverage their resources and expertise to enhance services for global enterprises and consumers.
CMI was established in December 2010 and has since expanded its presence to 39 countries and regions, providing international information services and solutions. Telecom Egypt, with a history of around 170 years, continues to lead the Egyptian telecom market, offering a wide range of services and holding a significant stake in Vodafone (NASDAQ:) Egypt.
The partnership marks a significant step in the companies’ efforts to address the global demand for data and digital services, positioning them to better serve their respective customer bases and contribute to the growth of the digital economy.
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