Basel Dalloul: Approximately USD 75 Million Is Our Total Investment in Egypt.

We Acquire the Internet Market in the Corporate Sector

Cairo- October 13, 2015:

NOOR, the leading company in Internet service provisioning, announced today the opening of its new branch retail store in Alexandria, the first branch outside of Cairo. The company's new store marks the beginning of the launch of its retail business in the rest of the governorates of Egypt.

The company also announced the launch of new Internet offers with competitive prices to present better services to existing customers and attract new ones. NOOR's business expansion in different governorates of Egypt aims at spreading their internet services for users complementing more than 15 years of  of services that were limited to just businesses and the corporate sector.

Dr. Basel Dalloul, Chairman of NOOR Internet, expressed his delight at the opening of the new branch in Alexandria. He affirmed that this branch will be the first of many for NOOR nationwide. "Our aim is to deploy internet services all over the country at competitive prices with high quality. This is the slogan we live by and offer to our customers whether individuals or corporate, "he said.

"There is a strategy adopted by NOOR to spread Internet all over Egypt, especially that NOOR was the first company to launch free Internet service in Egypt," Dalloul added. He pointed out that the choice of Alexandria to start the company's business comes after signing a cooperation protocol with the governorate of Alexandria recently to spread Wi-Fi services in public places. "It is the subscribers' right to get quality service at competitive prices," he stated.

Dalloul said, "NOOR also offers special bouquets for subscribers, as it seeks to increase its market share in  the retail market segment, as it has done so in the corporate segment. With total investment reaching USD 75 million over the past 15 years, NOOR intends to further pump millions of pounds in the coming period in infrastructure and regional expansion in different governorates."

On his part, Fadi El-Juindi, CEO of Noor, confirmed  that expanding the company's strategy of provisioning quality services targeting the corporate market segment to include the retail market segment matches what was announced by the Minister of Communications and Information Technology, Engineer Yasser El Kadi, on the quality of Internet services that all subscribers must receive. He affirmed that all users must receive equally high quality in all governorates, pointing out that the company's expansion is the biggest proof of the company's intention to compete in favor of subscribers.

"The company's research and development effort in value added services in the field of Internet its data center and  its'Internet of Things' and its applications laboratory, considered the most important technology trend in the coming years, will contribute in spreading the company's services in the market and strengthening its competitive position."

It is worth mentioning that according to data and reports from the MCIT, there are more than 3.6 million high-speed Internet services' subscribers and more than 50 million Internet users in Egypt.

-Ends-

About NOOR:
NOOR, the leading Egyptian company in internet service provisioning in Egypt, was established in 1999. NOOR provides internet services and applications to targeting major corporations, organizations and agencies. Through its distinguished products and services, NOOR has expanded its reach to include ADSL bundles for individuals and companies. For more information, visit www.noor.net

Please call 16700 for more information. NOOR's customers' service center is waiting for your call.

© Press Release 2015