Lebanon’s government has approved an advance worth LBP150 billion (USD98 million) from the treasury to state-run telco and internet provider Ogero, to finance part of the imminent national fibre-optic network development project estimated to cost USD300 million overall, reports Lebanese website BusinessNews. Telecoms minister Jamal Jarrah said last month that his ministry and Ogero plan to start the fibre-optic project within a few weeks, with the aim of boosting internet access speeds to at least 50Mbps ‘across the country’. Previously, the Ministry of Telecommunications (MoT) and Ogero have said they will implement an extensive fibre-to-the-cabinet (FTTC) network over the next two years, involving replacing around 700 street cabinets, alongside fibre-to-the-premises (FTTP) rollouts. Meanwhile, in an existing project Ogero is in the process of gradually removing fixed broadband bandwidth capping for users served by all its approximately 300 central offices (exchanges).
Last month the MoT disclosed that Lebanon’s capacity on the existing CADMOS international submarine fibre-optic system connecting Lebanon to Cyprus had been increased to 500Gbps (to be available before the end of 2017), whilst Lebanon has also increased its share of international bandwidth on the planned Alexandros/Europa submarine cable extension (Lebanon to France via Cyprus) from 310Gbps to 1.92Tbps.