Money and business

A strategic alliance between Morocco’s contacts and intended to improve digital infrastructure and the fifth generation network in the Kingdom

Abu Dhabi, March 27 / WAM / Etisalat Morocco and intended to sign an expanded partnership agreement, aimed at accelerating the process of establishing and publishing optical fiber networks and fifth -generation technology in Morocco.

According to this announcement, Morocco and intending to unify part of their negative communications infrastructure, by establishing two companies, each with an equal share of 50%, with the aim of enhancing the spread of visual fibers and developing the 5G networks in the Kingdom.

The agreement provides for the establishment of the company “Fiberco” to accelerate the publication of optical fiber networks, with a million links within two years and 3 million within five years, in addition to the company “TowerCo”, which will establish 2000 new towers within three years and 6000 new trends within ten years to support the expansion of 5G networks and the value of investments allocated to the first stage of the project is 4.4 billion dirhams within three years, provided that the implementation of the partnership is mortgaged with approval The National Transportation Agency “AnRT”.

In a statement from the EGP Group to the Emirates News Agency “WAM” on this partnership, His Excellency Jassim Mohamed Bou hero Al -Zaabi, Chairman of the End Group, stressed that strategic cooperation between Morocco’s contacts and the “Enoye” – in addition to future cooperation and joint investments in the fields of infrastructure for optical fibers and fifth generation networks – constitutes a positive development towards more stability for the sector Telecom in Morocco, and enhancing the sector’s position as a destination to attract investments, and Morocco is to create a balanced competitive climate that has the confidence of investors.

He added: “We in End puts the commitment to local and international legislation at the top of our priorities, and we consider compatibility with the organizational regulations as a moral commitment in which we are not interested in our partners and societies within which we work” We value the continuous government efforts in developing the telecommunications sector, and we look to promote cooperation, and we look forward to promoting cooperation, and we look forward to promoting cooperation With all concerned parties; To support digital transformation in the Kingdom. Our commitment to Morocco is a long -term commitment, and we are keen to be part of its digital career, and our investments focus on expanding the digital infrastructure, enhancing digital inclusion, and enabling the various economic sectors to benefit from technological developments where we will continue to work side by side. With the government and the private sector; For a promotion of a nominal system that supports the competitors of Morocco in the region, and the effectiveness of the abuse is highlighted between the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the one who is the old The continuation. ”

For his part, Eng. Hatem Dowidar, CEO of the EMnd Group, said in his comment on the new agreement between Morocco’s communications and the “Enoye”: “We are proud to witness a new stage of stability in the Moroccan market, in light of the presence of a more balanced organizational environment, which strengthens our further trust in the telecommunications sector in Morocco, Morocco has always been an important market for the EDS group, where we are working to explore opportunities Growth and innovation in the telecommunications and digital technology sector and today, with the clarity of the future vision of the market, we are more committed to continuing our investments in the field of infrastructure for optical fiber and fifth -generation networks to enhance digital infrastructure, support the digitization of government services, and provide smart solutions that meet the needs of individuals and companies, and support the competitiveness of the Moroccan market in the region.

Dowidar added: “The strategic cooperation is the future of Morocco’s communications and the” Enoye “, reflects an institutional maturity, and confirms that the real partnership is based on respecting the law, seeking to achieve the public interest, and supports the stability of the investment environment in Morocco, which motivates us to double our efforts, not only in developing infrastructure; but also in building an integrated digital model that supports support The Kingdom’s aspirations for digital transformation, and our coming investments will focus on improving user experience, enhancing digital services, and supporting the Moroccan digital economy, in line with our long -term vision of this vital market.

A joint statement of the two companies indicated that the Moroccan Communications Supervision Council and the Anwi Board of Directors have agreed to sign this agreement, which comes in line with the digital dynamic witnessed by the Kingdom and responds to its aspirations in the field of providing high -speed communication services.

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