Glory was founded in 1996 as a sole partnership aiming
to acquire a base operation from major potential companies in the Egyptian
market, and build, through partnership or operational diversification and
expansion, a company to 1) be positioned as a leading provider of quality
high-speed data services in Multi-Tenant Unit (MTU) environments, 2) deliver
high-quality, low-cost bundled voice, data and Internet services to small and
medium businesses, 3) deliver Internet based value added services such as
business office applications, customer management backend services, online
gaming etc . 4) deliver hardware turn-key packages bundled with top-notch
technologies and network planning. Initially the company started in focusing on
customers in Cairo and then gradually started focusing on the rest of the
Egyptian Districts. In 2005, Glory became GloryEgypt S.A.E to address further
market needs and take steady steps in expanding the business.
Glory has a world-class management team with direct knowledge of the industry,
extensive experience in the Telecommunication Industry, and unique
administration skills. Its team includes Mr. Bassem Hamdy and Mr. Ahmed Hamdy.
Each has 8 to 10 years experience in the telecommunication industry providing
product and services to Local Exchange Carriers (LEC) and Internet Service
Providers (ISP); a proven track record of starting, growing and securing
funding for several successful and profitable high-growth telecommunication
projects. Our goals are:1) establish the business as a high quality service
provider in the minds of consumers and businesses with the intent to capture
new/more customers , 2) to engender credibility with our major corporate
partners and obtain the benefits of their increased support, and 3) to offer
industry leading customer support to increase customer satisfaction and
establish differentiation. Our near-term goals are to establish the business as
a high quality service provider in the minds of consumers and businesses, to
enhance credibility with our major corporate partners, and to develop a brand
that, when marketed, is immediately recognizable by anyone who hears or sees
GloryEgypt, S.A.E.
GloryEgypt, S.A.E benefits from several strategic alliances with several major
Local and International market players that are covered by executed formal
Agreements and receiving very competitive product pricing, allowing the company
to offer competitive pricing on its services and products to customers.
GloryEgypt's initial move into the telecommunications service provider market
was the partnership in the existing network, assets, and Internet bandwidth of
numerous carriers in Cairo, targeting all of the Egyptian districts. The first
six months of operation, which started in 2000 were largely spent on acquiring
new customers and increasing the sales base for the broadband services and
introducing and marketing for new hardware applications based on broadband
technology.
During 2004, GloryEgypt successfully expanded its network presence and began
offering not only Residential ADSL services, but also delivering Bundled
High-Speed Internet Service over high-speed links to individual small and
medium businesses. These services are provided directly from Glory virtual
network, and do not involve resale of service from the Incumbent Local Exchange
Carrier.
In 2005, GloryEgypt has grown its Business Client base by over 200% from
year-end 2002 through January 2005. Its Residential data client base has grown
over 15% over the same time period. Overall revenues have grown over 150%.
GloryEgypt has identified new market opportunities it plans to attack dependent
on availability of capital.
GloryEgypt provides its customers with Turn-Key package solutions which
involves hardware network solutions, internet/connectivity solutions and value
added services solutions all at a cutting edge technology and a cost effective
pricing scheme where the customer receives full technical 24/7 support from one
single call center which holds the responsibility to service the customer in
any problems he might encounter whether it is in an Internet service, hardware
application, network solutions or value added services such as Wi-Fi or VoIP or
Video on Demand.
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