Egypt’s main telecom company, which is owned by the Ministry of Communications and Information Technology, Telecom Egypt, signed a memorandum of understanding (MoU) with Nokia aimed to foster technological development in Egypt. According to the MoU, both companies will work together to deploy 5G network, to build the first cloud infrastructure in Egypt exclusively for Internet of things (IoT) and to promote the development of an IoT partner ecosystem in the country.
The Internet of Things (IoT) includes a wide range of Internet-connected devices, from highly digitalised cars, home appliances (e.g. fridges), and smart watches, to digitalised clothes that can monitor health. IoT devices are often connected in wide-systems, typically described as 'smart houses' or 'smart cities'.