(MENAFN- Nam News Network)
CAIRO, Dec 14 (NNN-MENA) – Egypt and Greece agreed yesterday, to build a subsea telecom cable in the Mediterranean, connecting the two countries, Egypt's Ministry of Communications and Information Technology said, in a statement.
The cooperation deal was signed between Egypt's telecom service and subsea cable operator, Telecom Egypt, and Greece's network builder Grid Telecom, the ministry said, adding, the move came, in line with the Egyptian carrier's strategy, to increase its entry points to Europe, by providing an eastern gateway via Greece.
The new subsea system would connect Port Said in Egypt and Greece's Crete Island,“making it the shortest Mediterranean (telecom) path between Egypt and Europe, with the lowest latency,” according to the statement.
“The deal will reinforce Egypt's strategic position as an international telecom hub, linking the East and West,” it noted.– NNN-MENA
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