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Pin to quick picksTelecom Egypt S Regulatory News (TEEG)

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TE building Egypt's largest int'l data center

26 Oct 2020 07:00

RNS Number : 1231D
Telecom Egypt S.A.E
26 October 2020
 

Telecom Egypt is building Egypt's largest international data center

25 October 2020: Telecom Egypt, Egypt's first integrated telecom operator and one of the largest subsea cables operators in the region, announces that it is building Egypt's largest international data center facility. Expected to be commissioned in early 2021 with access to all the global submarine cable systems that land in Egypt, the new data center is going to be the first in the country with the Uptime Institute's certifications in the Design, Constructed Facility, and Operational Sustainability categories. In spite of the COVID-19 pandemic and its repercussions on the economy, the construction of the new facility has not been affected and is moving according to plan. The facility has also been granted the Tier III Certification of Design from the Uptime Institute a few months ago after a rigorous assessment of all aspects of the data center and its operations.

Telecom Egypt's new data center is very well connected to all of the 10 Mediterranean and Red sea subsea landing stations, giving it access to more than 60 countries around the globe. Acquiring the Tier III Certification of Design guarantees that Telecom Egypt's customers will receive the highest levels of availability and technical resiliency. Additionally, Telecom Egypt's new state-of-the-art data center is characterized by an enhanced colocation service and higher levels of redundancy with the ability to expand to accommodate growing colocation needs. This will further contribute to the development of sustainability features that mitigate rising costs of energy and are closely aligned with international standards. The facility's capabilities target organizations that value premium data center services and consider risk management and lower latency as benchmarks when it comes to selecting data centers. This facility can house up to 2,000 racks over a 4 Colo Modular Facilities Campus.

This certification demonstrates Telecom Egypt's clear focus and commitment to transform Egypt into a global digital hub. The new data center is situated in Smart Village in west Cairo in which many multinational and local companies, governmental entities, financial authorities, educational institutions, and research & development centers are located. This project coincides with the country's efforts to expedite the development of Egypt's ICT infrastructure and digital services as well as contribute to the regional digital transformation.

Currently, Telecom Egypt owns and operates 6 commercial data center facilities located in diverse locations within Greater Cairo and Alexandria. In addition, the company will continue to select other sites to build upcoming data centers. Telecom Egypt offers the global telecom community access to abundant international capacities with the lowest latency through the shortest and most efficient protected path from Africa and Asia to Europe, capitalizing on Egypt's distinctive geographic location at the heart of the world and Telecom Egypt's continuous and extensive network investments. The company's advanced infrastructure and capabilities has led it to become the partner-of-choice for many international telecom players over the years.

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About Telecom Egypt

Telecom Egypt is the first total telecom operator in Egypt providing all telecom services to its customers including fixed and mobile voice and data services. Telecom Egypt has a long history serving Egyptian customers for over 160 years maintaining a leadership position in the Egyptian telecom market by offering its enterprise and consumer customers the most advanced technology, reliable infrastructure solutions and the widest network of submarine cables. Aside from its mobile operation "WE", the company owns a 45% stake in Vodafone Egypt. Telecom Egypt's shares and GDRs (Ticker: ETEL.CA; TEEG.LN) are traded on The Egyptian Exchange and the London Stock Exchange. Please refer to Telecom Egypt's full financial disclosure on ir.te.eg

 

For more information, contact:

The investor relations team

Email: investor.relations@te.eg 

 

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MSCFIFIDILLEFII
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31st May 20227:00 amRNSTE Announced Q1 2022 Consolidated Results 31/5/22
31st May 20227:00 amRNSTE Announced Separate FS Ended March 31, 2022
31st May 20227:00 amRNSTE Announced Consolidated FS Ended March 31,2022
16th May 20227:00 amRNSTE Notice of Q1 2022 Audited Financial Results
11th Apr 20228:14 amRNSTE Announces its Dividend Distribution Dates
31st Mar 20229:42 amRNSTE Resolutions of Extra OGM meeting 31 March 2022
31st Mar 20229:40 amRNSTE Resolutions of OGM meeting 31 March 2022
28th Mar 20227:00 amRNSTE cooperates with EIB to secure a EUR150 million
8th Mar 20227:06 amRNSTE Extra Ordinary General Assembly Meeting 31/3/22
8th Mar 20227:02 amRNSTE Ordinary General Assembly Meeting 31/3/2022
7th Mar 20227:00 amRNSTE Ordinary General Assembly Meeting 28/3/22
3rd Mar 20229:00 amRNSTE Announced Consolidated FS for FY ended 31/12/21
3rd Mar 20228:08 amRNSTE Announced FY 2021 Consolidated Results 3/3/2022
3rd Mar 20228:08 amRNSTE Announced Separte FS for FY ended 31/12/2021
2nd Mar 20227:04 amRNSAFR-IX telecom & TE sign landing party agreement
22nd Feb 20227:33 amRNSTE extends its network reach through SEA-ME-WE 6
22nd Feb 20227:27 amRNSTE Resolutions of Extra OGM meeting 22 February 22
17th Feb 20227:23 amRNSNotice of Q4 2021 Audited Financial Results
15th Feb 20228:02 amRNSNotice of Q4 2021 Audited Financial Results
31st Jan 20227:00 amRNSTE Extraordinary General Assembly Meeting 22/2/22
11th Nov 20217:00 amRNSTE Announce Q3 21 consolidated results 11-11-2021
11th Nov 20217:00 amRNSTE Consolidated FS for Q3 ended 30-9-2021
11th Nov 20217:00 amRNSTE Separate FS for Q3 ended 30-9-2021
10th Nov 20217:00 amRNSUpdate on Vodafone Group’s stake in Vodafone Egypt
1st Nov 20217:00 amRNSNOTICE OF Q3 2021 AUDITED FINANCIAL RESULTS
28th Oct 20217:00 amRNS22 guidance: Higher margins & improved cash flows
25th Oct 20217:00 amRNSTE secures new USD 500 syndicated loan
14th Oct 20218:09 amRNSFS prepared in accordance with IFRSs ended 30-6-21
14th Oct 20218:02 amRNSConsolidated FS prepared with IFRSs ended 31-3-21
10th Aug 20217:00 amRNSFS prepared in accordance with IFRSs ended31/12/20
10th Aug 20217:00 amRNSTE separate FS for Q2 ended 30/6/2021
10th Aug 20217:00 amRNSTE announced Q2 2021 consolidated results 10/8/21
10th Aug 20217:00 amRNSTE consolidated FS for Q2 ended 30/6/2021
2nd Aug 20218:32 amRNSNOTICE OF Q2 2021 AUDITED FINANCIAL RESULTS
7th Jun 202111:32 amRNSTE & VFG sign a modified shareholders’ agreement
11th May 20217:00 amRNSTE Separate FS for Q1 ended 31/3/2021

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