(Ecofin Agency) - Telecom Egypt is setting strategies to develop its systems and broaden its networks. The company signed on August 8, 2019, on the sidelines of the BRICS Future Network Innovation forum (from 5 to 9 August 2019 in China), an agreement with Chinese technology company Huawei. Under this deal, signed between Adel Hamed, CEO of Telecom Egypt, and Vincent Sun, CEO of Huawei Egypt, the Chinese company will provide new communication usage models, as well as virtual reality (VR) and augmented reality (AR) applications to Telecom Egypt.
Egypt also gets from Huawei an investment for youth training programs, in collaboration with MCIT's training institutes and subsidiaries, including the Institute of Information Technology (ITI), the National Institute of Telecommunications (NTI) and the Information Technology Industry Development Agency (ITIDA). Together, the two parties’ companies will deepen their cooperation in advanced communication technologies and their various applications, such as 5G telecom and artificial intelligence (AI) solutions in agriculture and healthcare.
On 7 august 2019, Telecom Egypt signed a deal with telecom equipment manufacturer ZTE for the creation of a joint technology training center and innovation laboratory. The state-controlled company will benefit from ZTE’s expertise to train young people, engineers and technicians for mobile networks, the next generation passive optical network (NG-PON) and major data transfer networks, with a speed of more than 100 GB using optical fiber cables.
On the same date, Telecom Egypt also contacted China Telecom for cooperation in knowledge transfer, including customer service, installation Fiber to the Home (FTTH), and the provision of IP television services (IPTV). The two companies will collaborate to develop Telecom Egypt's operating model.