Dubai -Amr Talaat, Egypt’s Minister of Communications and Information Technology, witnessed Sunday the signing of a cooperation agreement between Telecom Egypt and Nokia International to deploy the country’s first Internet of Things (IoT) infrastructure through Nokia Worldwide IoT Network Grid (WING).
The signing ceremony came on the sidelines of the 41st Gitex Global exhibition and conference, and Expo Dubai 2020.
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.
The WING network would allow Telecom Egypt to provide IoT services to companies on a global scale, enabling them to take advantage of the rapidly and effectively growing technology based on the multi-service WING model, which includes a Pay First business model and Pay As You Grow.
WING would also enable Telecom Egypt to provide global IoT service at low prices compared to the most expensive roaming rates.
The agreement also includes cooperation in launching joint marketing initiatives and accelerating the development of IoT projects in the country, which will contribute to the automation of projects and help companies reduce their operating expenses, enhance productivity, and provide new services to several markets.