LPTIC sets out 2018 objectives, including 4G and fibre-optics

13 Feb 2018

The Libyan Post, Telecommunication and IT Company (LPTIC) has set out its objectives for 2018 in a series of Annual General Assembly meetings held with each of its major subsidiaries, namely Almadar Aljaded (Al Madar Telecomm Company); Aljeel Aljadid; Libya Telecom & Technology (LTT); Hatif Libya; The Libyan International Telecom Company (LITC); Libya Post and Al Bonia Investment & Services Company. The meetings were the first to be held since 2014 due to the unrest in Libya, and some of the key priorities for 2018 that were put forward by the LPTIC included the launch of 4G LTE technology and the development of fibre-optic broadband networks. Another key theme discussed in the meetings was for the launch of an ICT sector restructuring project, due to begin in Q2 2018, which would see a NetCo (National Telecoms Company) set up to be responsible for operating and maintaining passive infrastructure, while mobile retail services will continue to be provided by the country’s leading cellcos Libyana and Almadar Aljaded.