CIEN Ciena Corporation

Telecom Egypt Picks Ciena for Resilient Optical Mesh Network

Telecom Egypt (te) (Ticker: ETEL.CA; TEEG.LN) is deploying Ciena’s® (NYSE: CIEN) GeoMesh solution and packet-optical platforms for reliable, low-latency connectivity to meet surging demands for high-bandwidth services on its national terrestrial network and submarine links between the Mediterranean and Asia. With a more agile and scalable network, Telecom Egypt’s wholesale carrier, service provider, internet content provider and consortium customers will be able to provide diverse data transit routes for international data center interconnect (DCI), disaster recovery, cloud-based services, and other high-capacity services for enterprise and consumer end-customers.

Key Facts:

  • With more than 160 years of operational history, Telecom Egypt is the largest provider of fixed line services in the Middle East and Africa. Telecom Egypt offers a complete range of international telecommunications services, including voice, data, dark fiber, colocation and tailored data solutions. Its unique geographic location spans about 1,000 km on the Red Sea and 1,000 km on the Mediterranean Sea, and connects more than seventeen cable systems through seven diversified routes and five landing stations across Egypt.
  • A key benefit of the Ciena-enabled mesh restoration of interconnected terrestrial and submarine networks is that Telecom Egypt can extend its offerings with a suite of extremely robust, diverse, high-availability networking services that can survive unexpected hardware and fiber route failures. Ciena’s GeoMesh also allows Telecom Egypt to proactively resolve unexpected issues and maintain network reliability.
  • Ciena’s 6500 and 5430 packet-optical platforms, powered by WaveLogic Extreme coherent optics, allows Telecom Egypt to offer a diverse mix of services over high-capacity wavelengths; supporting any type of traffic, including fully transparent optical transport networks (OTN), virtual private networks (VPN), optical VPN and Ethernet services, all with stringent SLAs. The advanced performance monitoring and testing capabilities from Ciena enables fast service turn up and ability to address faults quickly and easily.

Executive quotes:

  • “Ciena’s technology and mesh network give us a real advantage, ensuring greater reliability and efficiencies. With Ciena enabling more granular high-bandwidth services our customers can evolve their networks and transition to a much wider suite of resilient, scalable connectivity options. Telecom Egypt is also ready to embrace upcoming technologies, like network functions virtualization (NFV).”

    - Tamer Gadalla, Managing Director & Chief Executive Officer of Telecom Egypt

  • “Telecom Egypt truly sits at the heart of the African and Middle Eastern telecommunications markets. With Ciena’s industry-leading submarine solutions, Telecom Egypt is making the most of its unique geographical position and strategic network assets, enhancing both reliability and the end-user experience. Cost-effective, scalable and competitive connectivity also enables Telecom Egypt to launch new, next-generation data services across this critical route.”

    - Gary Smith, President & Chief Executive Officer of Ciena

About Telecom Egypt

Telecom Egypt (te), Egypt’s incumbent telecommunications operator, started its operations in 1854 with the first telegraph line in Egypt. Then it was corporatized in 1998 to replace the former Arab Republic of Egypt National Telecommunication Organization (ARENTO). The Company is the largest provider of fixed-line services in the Middle East and Africa with 6.3 million subscribers as at 30 June 2016.

te provides retail telecommunication services including access, local, long distance and international voice, Internet and data, and other services. The company also provides wholesale services including bandwidth capacity leasing to ISPs, and national and international interconnection services. te’s services also include the provision of narrowband and broadband internet access through its subsidiary TE Data. TE Data has active operations in Egypt and Jordan.

te currently participates in the mobile segment in Egypt by providing mobile interconnectivity through its current, increased 44.95% holding in Vodafone Egypt, one of the three existing Egyptian mobile operator.

te’s shares and GDRs (Ticker: ETEL.CA; TEEG.LN) are traded on The Egyptian Exchange and the London Stock Exchange.

About Ciena

Ciena (NYSE: CIEN) is a network strategy and technology company. We translate best-in-class technology into value through a high-touch, consultative business model – with a relentless drive to create exceptional experiences measured by outcomes. For updates on Ciena, follow us on Twitter @Ciena, LinkedIn, the Ciena Insights blog, or visit www.ciena.com.

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, as a result of risks and uncertainties, including those detailed in our most recent annual or quarterly report filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

EN
17/10/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ciena Corporation

Ciena Corp: 4 directors

Two Directors at Ciena Corp sold 9,300 shares at between 82.210USD and 82.228USD. The significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last t...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ciena Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 December 2024 in which we reassessed the appropriateness of the ratings in the context...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch