Tag Archives | Alcatel-Lucent

Foreign Firms in process of Renewing Libya Licences

By John Lee. A number of foreign firms have reportedly started work on renewing their licences to operate in Libya. According to Reuters, the Economy Ministry suspended 40 foreign firms in May on the grounds that their licenses had expired, before granting a grace period of three months to seek new ones. Tripoli-based economy minister […]

LPTIC meets with Telecoms Manufacturers

The Libya Herald reports that the Libyan Post and Telecommunications Information Technology Company (LPTIC) has held a series of meetings in Malta with representatives of major telecom and IT companies. LPTIC is the state-owned holding company controlling all its major telecoms companies such as Al-Madar mobile, Libyana mobile and internet service provider LTT. The company […]

Alcatel Lucent wins $58m Internet Deal

French telecommunications company Alcatel Lucent has reportedly been awarded a $58-million contract to install a high-speed underwater broadband cable between Benghazi and Tripoli. Libya Herald reports that the undersea cable will run from Tripoli to Benghazi with two additional onshore ‘terminals’ in Ajdabiya and Misrata, giving a broadband capacity of “up to ten terabytes” (sic). […]

Alcatel-Lucent Signs Libyan Contract

France’s Alcatel-Lucent has signed a €2.3-million contract with Libya Telecom and Technology (LTT) for the third stage of the development of ADSL-2 internet services in a number of locations in the country. Communications Minister Osama Siala said that improving the telecommunications services was a “national duty” requiring the collective efforts of everyone at LTT, and said […]

Alcatel Wins New Libyan Contract

Libya Herald reports that Hatif Libya (“Libya Telecom”) has signed a contract with Alcatel-Lucent to extend and upgrade the landline telephone network in Libya south of Tripoli and in the Western Mountains. The work is expected to take 25 weeks to complete. In May, the company won a contract to install new switches for international […]

Deciding to Enter the Libyan Market?

As Libya’s oil ports are again closed by strikes, many are growing increasingly concerned for the fate of the Libyan economy. For better or worse, a large proportion of Libyans depend on public sector jobs and state hand-outs for their livelihood, and these are funded almost entirely from oil and gas revenue. The private sector, […]