Telecom Egypt, Liquid Telecom sign MOU to complete fibre network from Cape Town to Cairo

0
449

CAIRO (Reuters) – Telecom Egypt has signed a memorandum of understanding with Liquid Telecom to enable the pan-African group to complete Africa’s terrestrial fibre network stretching across the African continent, the companies said on Saturday.
Liquid Telecom, a subsidiary of Econet Wireless Global, has been building a fibre network across southern Africa covering Botswana, Democratic Republic of Congo, Lesotho, South Africa, Zambia and Zimbabwe. It also has a presence in Rwanda, Kenya and Uganda.

“Liquid Telecom will link its network from Sudan into Telecom Egypt’s network via a new cross-border interconnection – bringing together a 60,000 km network that runs from Cape Town, through all the Southern, Central and Eastern African countries, and has now reached the border between Sudan and Egypt,” the two companies said in a statement.

They did not provide a time frame for the completion of the network or any estimate of the cost.

“Completing our vision of building a single network running on land, all the way from Cape to Cairo is a historic moment for the company and for a more connected Africa,” Strive Masiyiwa, founder and executive chairman of Econet, said in the statement.

SHARE
Previous articleBoko Haram overrun military base in Yobe, soldiers missing
Next articleUAE pledges $10 bln in investment, South Africa says
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.