Leading pan-African telecoms group Liquid Telecom has announced that it is investing $400 million in Egypt over the next three years. This is part of a major partnership with Telecom Egypt which includes network infrastructure and data centres. Following an initial investment of $50m in data centres and cloud services, Liquid Telecom plans to invest an additional $350m in broadband and financial inclusion initiatives, as well as high capacity data centres. Liquid Telecom’s expanding network is almost 70,000km in length and is linked to more than 600 towns and cities in 13 countries across Africa. This follows the signing of a landmark partnership agreement with Telecom Egypt to mark the completion of Liquid Telecom’s award winning ‘Cape to Cairo’ network.

Source: News Business Ethiopia December 08, 2018 18:45 UTC