Liquid Telecom to invest $400m into Egypt

Liquid Telecom, which started life as the satellite service operator Econet Satellite Services, is to invest some $400 million (Rand 8 billion) into Egypt and its infrastructure and data centres.

The investment is being made into Telecom Egypt, and was announced at a signing ceremony in Sharm el-Sheikhn at the Africa 2018 Forum. Liquid Telecom is part of the Econet parent company.

Source: Liquid Telecom to invest $400m into Egypt

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