Cairo, August 22, 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announces the signature of a strategic collaboration agreement with Orange Jordan, the leading operator of integrated communications services and one of Orange Group’s subsidiaries, to create a highly reliable terrestrial system connecting Iraq to Europe through Jordanian and Egyptian territories.
The new system will commercially be named “Cairo Amman Baghdad System” or “CAB System”. It falls in line with both operators' strategies to extend their footprints to the Middle East market generally, and to the Iraqi market specifically, for the purpose of providing state-of-the-art telecommunications and connectivity solutions. The system will capitalize on Telecom Egypt’s position, international assets, and facilities as well as Orange Jordan’s fully diversified infrastructure in Jordan. Integrating the companies’ distinguished and robust networks will offer reliable, low latency internet connectivity services through highly resilient, diverse routes to meet Iraq’s growing market demand.
CAB System will be ready for service in the third quarter of 2022. Once launched, it will be the most advanced, scalable gateway and express route connecting Iraq to Europe using the companies’ networks.
Adel Hamed, Telecom Egypt’s Managing Director and CEO, commented:
“We are pleased to be part of this new solution in collaboration with Orange Jordan. The new CAB System will enrich user experience for the Iraqi market by serving it through a new, highly resilient and completely diverse route.
Telecom Egypt and Orange Group are strategic partners and we’re very proud of the special relationship with Orange Jordan that is reflected in this collaboration agreement between the two companies.”
Thierry Marigny, Orange Jordan CEO, said:
“The CAB System is a true game changer for creating new routes reaching the Iraqi market. This strategic partnership with Telecom Egypt will enable us to serve this rapidly growing market with new, highly reliable terrestrial routes that connect Iraq to Europe seamlessly. Orange Jordan is proud to be part of the CAB System, which will contribute to an enhanced, high-speed highway between Europe and Iraq, affirming its position as a responsible digital leader.”
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
For more information, contact:
The investor relations team
Email: investor.relations@te.eg
About Orange Jordan
Orange Jordan is a leading provider of integrated communications services, with a broad lineup of fixed, mobile, internet data, and managed digital services to meet personal and business markets needs of an expanding total base of about 3.2 million customers across the Kingdom. Over 1600 employees are dedicated to lead the company to ultimate levels of excellence. In 2007, the fixed line, mobile, and internet subsidies rebranded to Orange.
The company offers the best network, innovative digital solutions with unmatched customer experience by empowered Orange teams, to be the responsible digital leader in Jordan.
With massive investments in infrastructure and services, the company continues to move forward by introducing the most advanced technologies across the Kingdom, becoming the responsible digital leader in the Kingdom.
Orange Jordan is one of Orange Group’s subsidiaries that offer a wide range of communication services not only to individuals but also to businesses under the brand Orange Business Services (OBS), through which a comprehensive set of IT and telecommunication services are offered to multinational companies.
The company takes pride in seven core values: transparency, agility, results oriented, customer centricity, collaboration, caring and excellence.
Through its comprehensive corporate social responsibility strategy, Orange Jordan continues to make sustainable impact on the lives of Jordanians and their communities by focusing on 3 main pillars: digital education, digital inclusion and entrepreneurship.
To learn more about Orange Jordan, please visit: www.orange.jo
