The trio join Telecom Egypt in securing 5G licenses

Data center located in Egypt's New Administrative Capital

Poised to be Egypt's first 5G network

Companies previously partnered for subsea cable build

Stations in Sidi Kerir and Zafarana will land IEX cable

Could boost connectivity in rural areas

Follows a few years after the two launched Orange Business Cloud in the country

Three companies are interested in the assets

And Telkom Indonesia's Patara-2 cable goes live

Another 10 to 15 percent could be up for grabs

Cable connecting Europe and North Africa is underway, expected live in Q4 2025

The deal represents Egypt's plans to prioritize privatization

The vendor claims this will save up to 40 percent on fuel costs and carbon dioxide emissions

The second cable to land at the mouth of the Suez Canal

The government had been looking to sell a 10 percent stake

The stake is open to foreign investors

Uses a fiber reinforced polymer solution