Telecom Egypt has reached a cooperation agreement with the global Nokia Corporation to facilitate the establishment of the first-ever infrastructure in Egypt to provide Internet of Things (IoT) services via Nokia’s global network (WING).
The WING network will make it possible for Telecom Egypt to offer Internet of Things services to both local and international corporations.
This will allow them to leverage Nokia’s model to reap from the swift and effective growth of the Internet of Things market.
An additional benefit of Nokia’s model is that it allows Telecom Egypt to offer its global IoT services at a reduced local rate, making them a more preferred option than others who offer expensive roaming rates.
The agreement was signed by Adel Hamed, Managing Director and CEO of Telecom Egypt, and Henrik Fall, Head of Cloud Services and Networks in the Middle East and Africa at Nokia.
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