Telecom Egypt, the country’s only fixed-line operator, has announced it had reached a $12.5m settlement with a tanker in compensation for damage caused to two of its submarine cables last March, Ahram has reported. The amount covers the repair costs for the EIG and TE North cables, which the B-Elephant ship cut and damaged, causing internet connections to momentarily slow for broadband users across Egypt last spring.
Telecom Egypt Bandwidth Services provide a dedicated, end-to-end digital link between a location in Egypt and other international destinations. TE Bandwidth Services delivers integrated communications for voice, data, images and multimedia content, as well as a variety of industry-specific business applications (secure business links, videoconferencing, remote monitoring) that can be managed or unmanaged.
ADSL subscribers to Telecom Egypt’s internet service provider TE Data increased to 1.4 million from 1.2 million in Q3 2012.