Egypt: Telecom Egypt announced today that Mohamed Sayad Al Dessouky, the Senior Vice President and Chief Technology Officer will retire on Thursday, in line with the telecom giant’s corporate policies which mandate that executives retire at a certain age.

 
Telecom Egypt announced the retirement of Mohamed Sayad Al Dessouky (image: ITU)

His replacement is yet to be announced, according to the company’s statement. Tarek Abou Alam last week took over as the company’s new chief executive and managing director.

The moves come as TE workers have repeatedly demanded a change in leadership, following a series of strikes last year over their frustration with the company’s board.

They accused the company of rampant corruption, which led to financial losses, demanded higher salaries for the workers, and a revision of the current salaries for the top officials.

Despite the strike, services of the predominantly landline operation were largely unaffected.

Telecom Egypt is also looking to enter the mobile phone market and hopes to bid on the 4th mobile license in the country, which is to be launched later this year. Source:itnewsafrica.com