Telecom Egypt, Liquid Telecom sign data centre, infrastructure deal

0
165

Pan-African Liquid Telecom will be able to invest in Egyptian telecoms under an outline deal signed with Telecom Egypt, the country’s investment ministry said on Saturday.

Liquid Telecom, a subsidiary of Econet Wireless Global, will invest $400 million on data centres, infrastructure and financial inclusion, the ministry said in a statement.

The agreement includes a partnership between Telecom Egypt and Africa Data Centres, a subsidiary of Liquid, to build and operate new data centres across Egypt.

Pan-African Liquid Telecom will be able to invest in Egyptian telecoms under an outline deal signed with Telecom Egypt, the country’s investment ministry said on Saturday.

Liquid Telecom, a subsidiary of Econet Wireless Global, will invest $400 million on data centres, infrastructure and financial inclusion, the ministry said in a statement.

The agreement includes a partnership between Telecom Egypt and Africa Data Centres, a subsidiary of Liquid, to build and operate new data centres across Egypt.