Telecom Egypt - Mobily Subsea Cable

Objective

"part of Mobily's strategy to expand its extensive infrastructure and network. The new cable builds on the company's previous investments in subsea cables, which link it to various regions around the world, further enhancing Mobily's international capacity."

Description

Cooperation agreement to land the first Saudi submarine cable linking Saudi Arabia and Egypt. The new cable, which is wholly owned by Mobily (KSA), will pass through the Red Sea, connecting Saudi Arabia and Egypt and opening the way for expansion and access to Europe through various connectivity options. This cable will enable Mobily to connect the Arabian Gulf and Saudi Arabia’s neighboring countries to the Egyptian landing station in the Red Sea through Mobily’s digital corridors."""

History

Egypt is building a landing area to service these projeccts, specifically in Ras Ghareb. This is the first undersea cables to be owned by KSA. They are investing in a 10,000km undersea cables to connect to the AFRICA1 line.

Finance