Sunday, June 3, 2018

Telecom Egypt obtains US$200 million in financing facilitated by Huawei

The Bank of China and China Export & Credit Insurance Corporation (Sinosure) will provide US$200 million in long-term financing to Telecom Egypt. The financing was facilitated by Huawei. It is intended to finance the roll-out of Telecom Egypt's 4G network and the deployment of transmission and core networks. Mr. Terry Liu, CEO of Huawei Egypt Office said: “Throughout the years Huawei has been successful in building and maintaining a strong...

Palo Alto Networks names Nikesh Arora as CEO and Chairman

Palo Alto Networks named  Nikesh Arora as its new CEO and chairman of the Board of Directors, succeeding Mark McLaughlin, who becomes vice chairman of the Board for Palo Alto Networks. Arora formerly served as president and chief operating officer at SoftBank and as chief business officer at Google, where he led more than 20,000 employees, and developed a substantial track record of driving innovation and delivering business success. He joined...

Orange builds 200G optical backbone across Spain with Huawei

Orange Spain has deployed a national optical transport network using Huawei's equipment. The optical backbone offers up to 96x200G transmission capacity. The new network consolidates the traffic of several different DWDM systems that arose as the result of several merger...