Telecom

Egypt to replace 95% of its copper telecom network with fibre optics cable by 2020

Egypt to replace 95% of its copper telecom network with fibre optics cable by 2020
Thursday, 27 December 2018 18:22

On December 26, 2018, Ahmed Zidane, the deputy spokesperson of Egypt’s communication and IT committee, revealed that by 2020, the government would replace 95% of its copper telecom network, which is now 60% replaced, with fibre optics cable.

By modernising its internet network, Egypt wants to improve its broadband internet penetration rate that was 43.3% in 2015.

In 2019, the government plans to reach 53.5 % ; the aim being to greatly improve the population’s access to internet. For Egypt, that is making the internet a driver for future growth, improving the population’s internet access is a pre-requisite for the emergence of a digital economy.

To meet its goal, which is to cover the whole country with optical fibre and at a minimal cost, Egypt will benefit from the expertise of the optical fibre cable manufacturing plant inaugurated by the authorities in March 2018.

Installed in the industrial town of Badr, in the northeast, this $30 million investment is the result of a partnership between the Egyptian HitekNofal Solutions and the Chinese Hengtong Group.

On the same topic
Nigeria approved the implementation of a geolocation-based alphanumeric digital postal code system to improve address accuracy nationwide. The...
The Ethiopian Securities Exchange has launched “Neway,” a web and mobile trading platform for investors. The tool allows users to open accounts,...
Nigeria will launch its National Single Window platform on March 27 to centralize trade procedures. The system will allow online processing of...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom network. The project will upgrade about 1,500 mobile...
Most Read
01

Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...

As Hormuz and Suez Tensions Escalate, Africa Faces a Potential Energy and Trade Shock
02

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
03

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
04

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
05

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.