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Broadband

HitekNofal Solutions, Hengtong Group set up fibre-optics plant in Egypt

Monday 5 March 2018 | 09:59 CET | News
Egyptian ICT Minister Yasser El-Kady is set to inaugurate a fibre optics factory owned by HitekNofal Solutions and the Chinese Hengtong Group in Badr city on 06 March, reports the Daily News, citing sources.  HitekNofal Solutions officials said that the plant will be established in three stages, the first of which would involve investments of USD 15 million. The total investments over the three phases amount to USD 30 million with a production capacity of 8,000 kilometres of cable per year.

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Categories: Fixed
Companies: Telecom Egypt
Countries: Egypt
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