Egypt Reinforces Strategic Position as Telecom Hub through Subsea Cable with Greece

Egypt concluded an agreement with Greece Tuesday to establish a subsea cable linking the two countries across the Mediterranean. Telecom Egypt, the first integrated telecom operator, and Grid Telecom, a wholly-owned subsidiary of the Independent Power Transmission Operator (IPTO) in Greece, signed a collaboration agreement to build a subsea system connecting the two countries. Egypt’s Minister of Telecommunications and Information Technology Amr Talaat witnessed the signing ceremony in Cairo.