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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
Date   Source Headline
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