Telecom Egypt signs transmission and infrastructure deal with Vodafone Egypt

Telecom Egypt announced the signing a wholesale agreement with Vodafone Egypt to provide transmission and infrastructure services. The agreement will take effect from January for the three years ending 2021. The agreement guarantees a minimum revenue of EGP 2.37 billion for Telecom Egypt over the tenure of the agreement, while Vodafone Egypt will benefit from new technical and commercial terms.

The agreement was signed by Telecom Egypt’s CEO Ahmed El Beheiry and Alexander Froment-Curtil, Vodafone Egypt’s CEO. This agreement represents a new step to maximize the commercial cooperation between the two companies, TE said in a statement.