Telecom Egypt S Regulatory News (TEEG)

Telecom Egypt extends its network reach through SEA-ME-WE 6 cable and provides it a unique crossing route over its distinctive infrastructure

Cairo, 22 February 2022: Telecom Egypt, Egypt's first integrated telecom operator and one of the largest subsea cables operators in the region, announced that it is extending its reach through the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE 6) subsea cable, as part of the cable's consortium. The new cable will cross Egypt over the company's distinctive infrastructure through trans-Egypt's new geo diversified crossings and landing points from the other cables in the SEA-ME-WE family.

With the rising demand for connectivity coupled with the dynamic digital transformations that are triggering higher levels of data transfers from Asia to Europe, SEA-ME-WE 6 provides an additional layer of diversity and resilience for the high traffic density route between Asia and Europe, strengthening the overall network of each consortium partner. The added flexibility means service providers in the consortium can rapidly scale capacity, protect traffic from faults, and lower total cost of network ownership. The system is expected to be completed by the first quarter of 2025.

The construction has commenced on a 19,200 km-long submarine cable system connecting multiple countries between Singapore and France. The SEA-ME-WE 6 system has more fiber pairs and over double the capacities of existing SEA-ME-WE cables over its overall path. It will offer one of the lowest latencies available between Southeast Asia, the Middle East, and Western Europe, transferring more than 100 terabytes per second, the equivalent of 40,000 high-definition videos each second.

The SEA-ME-WE 6 consortium includes Bangladesh Submarine Cable Company, Bharti Airtel Ltd. (India) Dhiraagu (Maldives), Djibouti Telecom, Mobily (Saudi Arabia), Orange (France), Singtel (Singapore), Sri Lanka Telecom, Telecom Egypt, Telekom Malaysia, Telin (Indonesia), and Trans World Associates (Pakistan).

The Managing Director and CEO of Telecom Egypt, Mr. Adel Hamed, commented:

"Our participation in SEA-ME-WE-6 is another key milestone towards our goal to diversify our submarine infrastructure and improve our global reach. We are honored to work alongside renowned global partners to contribute to improving user experience and serve customer demands for premium connectivity services in cable-landing countries. We are also pleased to provide the new cable that serves as the shortest and most reliable link between Asia, Africa, and Europe as it connects the Red and Mediterranean Seas. For years, we have succeeded in revamping our international infrastructure and increasing the geodiversity of our assets to keep pace with the rising global demand for uninterrupted high bandwidth services."

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About Telecom Egypt

Telecom Egypt is the first integrated 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

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