Telecom Egypt has announced a five-year commercial deal with Orange Egypt for national roaming services.
In a statement, the companies said the agreement would ensure that Telecom Egypt continues to provide high-quality voice and data mobile network coverage nationwide.
Commenting on the deal, Adel Hamed, Telecom Egypt’s Managing Director and CEO, said, “This step confirms the depth of the strategic relationship between Telecom Egypt and Orange Egypt, and both companies’ keenness to develop the telecom services in the Egyptian market. Furthermore, the new milestone will cement our position as a strong contender in the mobile market.”
This agreement comes in light of Orange Egypt winning the tender for national roaming services that Telecom Egypt issued to all mobile network operators due to the impending expiration of the current agreement.
According to Telecom Egypt, Orange Egypt submitted the best technical and financial offer in terms of value and return.
The telco said that this new agreement provides several technical, competitive and commercial advantages that will increase the development of Telecom Egypt’s services and enhance its position in the Egyptian mobile market.
Furthermore, the statement explains that the agreement represents a significant milestone in the strategic relations between the two companies as it is the most advanced agreement—to date—due to the exceptional business model and extensive operational standards included in the service-level agreement.
Yasser Shaker, Orange Egypt’s CEO and Managing Director, said, “We are delighted to sign this new agreement, which will enhance the strategic cooperation between both companies and supports our strategies to provide the latest ICT services in the Egyptian market. Orange Egypt is keen on driving up investments to develop and modernize its networks in line with the latest global technologies to meet growing customer needs.”