Liquid Telecom to invest $400mn in Egypt

PUBLISHED: Tue, 11 Dec 2018 11:30:53 GMT
Share

Pan-African telecoms group Liquid Telecom is investing 400 million dollars in data centres and network infrastructure in Egypt over the next three years, as part of a major partnership with Telecom Egypt. The investment was announced at the Africa 2018 forum. While speaking about the signing, Strive Masiyiwa, Founder and Group Executive Chairman of Liquid Telecom’s parent company Econet Wireless, described Egypt as a very exciting market.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.