Telecom Egypt, Vodafone sign Transmission, Infrastructure agreement

Telecom Egypt Company (WE) announced that it has signed an agreement with Vodafone Egypt to provide transmission and infrastructure services.

the agreement will take effect from January 2018 for three years ending in 2021. It guarantees minimum revenue of  2.37 billion Egyptian pounds for Telecom Egypt over the tenure of the agreement, while Vodafone will benefit from new technical and commercial terms.

Egypt’s CEO Ahmed el-Beheiry and Vodafone Egypt’s CEO Alexander Froment-Curtil have signed the agreement.