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- Egypt and Greece signed a strategic memorandum of understanding (MoU) to connect the two Mediterranean countries through submarine cable systems. The Mou was signed between Telecom Egypt and Grid Telecom, a subsidiary company of Greece’s Independent Power Transmission Operator (IPTO
- Egyptian minister for Communications and Information Technology Amr Talaat and Greek Minister of Digital Governance Kyriakos Pierrakakis were present at the signing ceremony, which took place in Athens recently
- Managing Director and CEO of Telecom Egypt Adel Hamed, and Chairman and CEO of the Independent Power Transmission Operator (IPTO) Manos Manousakis signed the MoU in the presence of the two ministers
Egypt and Greece signed a strategic memorandum of understanding (MoU) to connect the two Mediterranean countries through submarine cable systems. The Mou was signed between Telecom Egypt and Grid Telecom, a subsidiary company of Greece’s Independent Power Transmission Operator (IPTO. Egyptian minister for Communications and Information Technology Amr Talaat and Greek Minister of Digital Governance Kyriakos Pierrakakis were present at the signing ceremony, which took place in Athens recently.
Managing Director and CEO of Telecom Egypt Adel Hamed, and Chairman and CEO of the Independent Power Transmission Operator (IPTO) Manos Manousakis signed the MoU in the presence of the two ministers.
The MoU will help maximize the Mediterranean database between Cairo and Athens and open the door for discussion on accelerating the construction of submarine cables between the two countries to serve the massive flow of data worldwide. Of late, Egypt is emerging as a center for data traffic among Asia, Africa, and Europe. Over 100 terabytes of data are transferred to Europe with more than 13 submarine cables.
