Libyan Post, Telecommunications, and Information Technology Holding copany (LPTIC) has partnered with KBR, a US-based technology company, to strengthen the African country's infrastructure and boost 5G networks.
This comes soon after state-owned Libya Telecom, a subsidiary of LPTIC, commenced a systematic shutdown of traditional telephone exchanges to build a sustainable network, bringing an end to an era of outdated technology.
Sealed through a Memorandum of Understanding on Friday, the pact enables the two parties to continue coordination and hold follow-up meetings to complete the technical and implementation aspects.
According to LPTIC, these meetings will establish practical frameworks to activate this cooperation and contribute to improving the quality of telecommunications services in the North African nation.
In this context, the chairman of the board for the telco, Ali Bin Gharbia, emphasised that the MoU represents an important step within the holding firm’s direction towards building strategic partnerships with international centres of expertise.
This approach supports knowledge transfer, the adoption of advanced technological solutions, enhances the readiness of the telecommunications sector to meet the requirements of technological development, and achieves sustainable added value for the national infrastructure, he said.
A recent analysis notes that the telecoms sector in Libya is currently in a recovery and growth phase, driven by increased investment and modernisation, particularly in mobile broadband and fibre, following severe damage to infrastructure during the 2011 civil war.
It is estimated that a quarter of the country’s mobile towers were destroyed or stolen. Progress has been made with government support for liberalisation and significant infrastructure projects, with broadband backing 3G,4G, and 5G networks.
“The meeting discussed prospects for cooperation, partnership, and joint investment between the two parties, in a manner that supports efforts to develop and enhance Libya’s infrastructure and strengthen 5G networks,” said a statement from LPTIC.
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