Egypt’s real estate developer Tatweer Misr has signed a partnership agreement with mobile operator Orange Egypt to provide Triple Play services for one of the developer’s projects, Fouka Bay in North Coast, Invest-Gate reports.
Orange Egypt, under the agreement, is expected to launch these services in Fouka Bay by June 2019.
Orange’s Triple Play services include the provision of landline, television, and internet services through one outlet based on fiber optic cables.
These services will provide an enormous flow of information that can reach up to one gigabyte, as well as facilitating the connection to a variety of other services, such as controlling security, water and electricity systems, inside and outside the residential and commercial units.
The agreement comes part of Orange’s strategy to combine the power in mobile services and the expertise in digital services to ensure successful design and development of Smart Cities and Smart Homes program.
Commenting on the agreement, Ahmed Shalaby, CEO and Managing Director of Tatweer Misr, said “the first priority of Tatweer Misr is to provide innovative additional values to ensure a new and unprecedented level of housing and lifestyle for the residents of its projects by investing in study and research, and relying on the latest technological applications in each project.”
“We consider that step as another achievement attained by Tatweer Misr to provide integrated real estate solutions,” Shalaby added.
Orange will also provide IPTV services with high quality 4K television channels, as well as voice services such as fixed line and IP telephony service via a highly sophisticated internal telecom network.
Yasser Shaker, CEO and Managing Director of Orange Egypt, expressed his appreciation and delight that Tatweer Misr has selected Orange Egypt to implement this large and vital project within one of their compounds, stressing on Orange’s global expertise in providing innovative technological services both locally and internationally.
This agreement comes in line with Tatweer Misr’s innovative thinking and values, as well as its keenness on introducing new real estate concepts to the Egyptian market.