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Cedarcom Announces the signature of MOU with
Ministry of Telecom for the co-deployment of ADSL
services in Lebanon
Beirut, Lebanon, January 3rd, 2006 - Cedarcom, SAL,
the leading nationwide wireless data provider in
Lebanon offering business class broadband wireless
access (BWA) services, announced today the signature
of an MOU with H.E. Minister of Telecom Mr. Marwan
Hamade, and the Director of Operation and
Maintenance Dr. Abdulmenhem Youssef for the
deployment of ADSL services in Lebanon.
“Through this MOU, Cedarcom will have the
opportunity to become a leading ADSL carrier in
addition to its leading position as fixed broadband
wireless access carrier”, said Mr. Imad M Tarabay,
Chairman & CEO of Cedarcom. “Cedarcom will be the
first data operator to offer ADSL services and we
will start with our pilot project in the coming
weeks covering Beirut. We have excellent
relationships with the tier one ADSL vendors and
will surely deploy state of the art network in
Lebanon”, continued Mr. Tarabay.
“Lebanon is truly in need of ADSL services and the
announcement of the MOU signature comes at a time
when Lebanon is deregulating its telecommunications.
The telecom law 431 will take effect very soon upon
the announcement of the Telecom Regulator Authority
board members, setting the cornerstone in the
deregulation. As in every deregulated country, the
internet penetration rates increase sharply. Lebanon
currently stands at around 12% internet penetration
rate, and it is believed by many that based on the
education levels, PC penetration rates, as well as
other considerations, Lebanon will increase its
internet penetration rates to reach levels of 25-30%
within 2 years. This translates to around 1.3
million internet users by 2007. Cedarcom will
certainly position itself as the ADSL leader ready
to capture this market and deliver its top notch
quality of service.” said Mr. Tarabay.
“We are very confident that Cedarcom will
continue in its successful venture like we
accustomed our clients. We will introduce the
best of ADSL bread to the market, just like we
did in the fixed broadband wireless access
services.” said Cedarcom General Manager Mr.
Ibrahim S Ibrahim.
Mr. Ibrahim continued detailing Cedarcom’s many
FIRSTS:
·
The first carrier to implement MPLS in Lebanon;
·
The first in the Middle East to deploy broadband
wireless MPLS based services;
· The first to deploy
WiMAX based broadband MPLS Layer 2 Switching
services”
The use of MPLS and
Layer 2 Switching has enabled us to deliver Class of
Service and dynamic switching required mainly by
banks and large institutions, allowing better
service performance and higher availability,
contributing to Cedarcom's market leadership in
wireless broadband. With Layer 2 MPLS services, we
surely closed all competition doors in front of
frame relay based services offered by competitors”;
and
· We will be the first to
introduce ADSL to Lebanon.
- ends -
About Cedarcom
Cedarcom is the first and only Fixed Broadband
Wireless Data Provider in Lebanon, providing a
breadth of data communication, secure access and
last mile solutions to the local industry. Cedarcom
holds a wireless data networking license under
decree number 10172, allowing the deployment and
operation of a country-wide wireless data network
with the advanced Broadband technology. Cedarcom has
licensed spectrum in the 2.6 GHz, 3.5 GHz and 7.5
GHz frequency bands, and provides secure wireless
access, data networking and last-mile solutions to
banks, ISPs, ASPs, insurance companies,
universities, multi-branch offices, etc. The company
is the first wireless operator to deploy MPLS based
services and MPLS VPN in the Middle East. For more
information on Cedarcom, go to
www.cedarcom.net
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