
Egypt gov't sells 9.5 percent stake in Telecom Egypt
The deal represents Egypt's plans to prioritize privatization
The deal represents Egypt's plans to prioritize privatization
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
Cable will connect from Port Said to Crete
2Africa's subsea cable spans 45,000km and three continents
LS Cables to acquire a stake in KT Submarine, Gujarat to get its first cable landing station
An agreement could be in place by the end of the year
Would be the first cable to directly connect the two countries
Route joins Europe in Portugal and France
In a smart village near Cairo
The deal was announced during Mobile World Congress in Barcelona