Telecom Egypt (te) (Ticker: ETEL.CA; TEEG.LN), today announced the signing of a Memorandum of Understanding (MoU) for a National Roaming Agreement with Orange Egypt to provide 2G, 3G and 4G mobile services through national roaming over Orange’s existing network.

The MoU falls under the framework of the mobile license te signed with the Egyptian National Telecommunications Regulatory Authority (NTRA) in August 2016. 

To ensure readiness to roll out mobile services for customers soon, te has started the implementation of its fully converged Business Support System (BSS), integrating functions such as Customer Relationship Management (CRM), Billing and Point of Sales. Alongside these activities, te is rolling out its own radio network in order to decrease its dependence on national roaming provided through existing mobile operators. 

te has also concluded a Memorandum of Understanding (MoU) with Orange Egypt for the provision of te’s Infrastructure transmission services for the benefit of Orange Egypt’s customers for the amount of EGP 2.5 billion for a 5 years period, starting from 2018. 

Ahmed El Beheiry, Managing Director and Chief Executive Officer of Telecom Egypt commented:

“We have been working tirelessly behind the scenes to ensure that te is ready to launch commercial operations as swiftly and smoothly as possible. This Agreement signals the strength of our commercial cooperation with Orange Egypt. We have reached commercial terms on 2G, 3G and 4G access as well as transmission services.”

“The relationship is benefitting customers while also advancing the vision for a connected Egypt.”