New 5G rollout set to transform digital experiences, drive fintech innovation, and enhance technological landscapes across Egypt.
Ericsson has signed a partnership agreement with e& Egypt at Gitex Global 2024 for the launch of 5G across the country. The company will supply its latest energy-efficient 5G portfolio to build the network, providing the benefits of fast and reliable 5G connectivity. The portfolio is designed to manage all site types and traffic scenarios to deliver high performance, even as networks grow in technology and capacity across mobile generations.
Amr Fathy, Chief Technology and Information Officer, from e& Egypt, says: We are thrilled to bring 5G to Egypt with our technology partner, Ericsson. Through this partnership, e& Egypt will be able to provide faster connectivity speeds, larger bandwidth, and lag-free user experience to our customers, unlocking many opportunities for consumers and enterprises. With Ericsson’s cutting-edge 5G solutions, we are paving the way for a more connected and innovative future for Egypt.
Ericsson’s latest 5G Radio Access Network (5G RAN) portfolio will be deployed with the Ericsson Radio System products and solutions. 5G will benefit consumers and enterprises in Egypt with faster speeds, lower latency, and greater network resilience, which will contribute to advancing societies, transforming industries, and enhancing day-to-day experiences.
Ekow Nelson, Vice-President and Head of Global Customer Unit for e& at Ericsson Middle East and Africa, says: Our storied partnership with e& Egypt dates back nearly two decades, with two generational shifts in mobile technology. Like previous generational shifts, our ambition with 5G is to extend e& Egypt’s technology position. We are proud of the confidence and trust shown to us by e& Egypt and look forward to this next evolution in communications that promises to transform the way consumers and enterprises experience the digital world.
- Ericsson and e& Egypt signed a partnership at GITEX Global 2024 for the launch of 5G in Egypt, bringing faster connectivity speeds, lower latency, and greater bandwidth to consumers and enterprises.
- Ericsson will supply its 5G portfolio to build the network, ensuring high performance and reliable connectivity while supporting the growth of technology and network capacity across mobile generations.
Nameer Khan. Chairman MENA Fintech Association and Founder FILS
Nameer Khan. Chairman MENA Fintech Association and Founder FILS
“For Egypt, 5G will fuel fintech innovation, creating the foundation for smarter, more efficient solutions crucial for achieving net-zero and sustainable development goals. The technology’s ability to support real-time data access enables precision in Environmental Impact Assessments and other sustainability measures, advancing financial inclusion while meeting critical sustainability needs. As demand for resilient, data-driven solutions grows, Egypt’s fintech sector is primed to lead with 5G-powered innovations that drive both economic growth and environmental progress.”
Samer Soliman, CEO, Arab Financial Services (AFS), said: ”The introduction of 5G technology is set to transform the fintech sector significantly, enhancing connectivity with faster and more reliable internet, which will improve the user experience for fintech applications and smooth digital transactions. This enhanced infrastructure will spur innovation, enabling fintech startups to develop and implement cutting-edge services like advanced analytics, real-time data streaming, and AI-driven solutions.”
Karthik Raman, Partner- Advisory Services, Ideal Capital Management Consultants
“E& is furthering its development on AI-built use cases driving real-time network slicing, traffic forecasting, and predictive maintenance, ensuring seamless connectivity. E& sees the true potential of Industry 4.0, which lies in the convergence of edge computing, private networks, and network slicing. This combination enables tailored connectivity solutions for various sectors. For instance, in manufacturing, private 5G networks can be customized to meet specific latency and bandwidth requirements for robotics and IoT devices.”
