Egyptian Minister of communications and information technology, Amr Talaat, oversaw the renewal of the IoT partnership between Telecom Egypt and Nokia, to deploy the country’s first IoT infrastructure through Nokia’s global network WING (Worldwide IoT Network Grid).
On the sidelines of GITEX, 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.
This agreement will enable the provision of IoT services to companies on a global scale, based on Nokia’s multi-service model.
The deal covers the development of an IoT infrastructure for Telecom Egypt, backed by Nokia's global IoT network. Joint marketing initiatives will also be launched to accelerate the development of IoT projects in Egypt.
Telecom Egypt unveiled its ambitions for the Internet of Things since 2019. At the time, the state-owned company reached a partnership with Nokia to implement activities in this segment. Egypt, which has embarked on major technological projects in line with its digital transformation objective, sees many high-impact applications in the IoT for development, particularly in the transport, security, health, smart cities and agriculture sectors.
In its report "Realizing the potential of IoT in MENA November 2019," the Global System Operators' Association (GSMA) revealed that IoT revenues are expected to reach $55 billion by 2025 in the MENA region. The document presented Egypt as one of the high potential markets.
