Publication Date: December 2023
Report Pages: 84
Analyst: Sebastien De Rosbo
Lebanon’s economic crisis has had a dire effect on the country’s telecom services. Although some progress has been made with developing 5G, the poor economic conditions have contributed to an erratic electricity supply and a lack of fuel to maintain generators. This has meant that internet services to areas of the country are cut on a regular basis, frustrating all those who depend on stable connectivity, and stalling business growth.
Adding to the difficulties are the combined stresses of the pandemic and the political crisis. A caretaker cabinet in September 2021 made way for a new government though there is little confidence on the ground that sectarian-based political horse-trading will give way to responsible governing to improve the lot of the stressed populace.
BuddeComm notes that the outbreak of the pandemic continues to have a significant impact on production and supply chains all around the world. During this time, the telecoms sector to various degrees is likely to experience a downturn in mobile device and ICT equipment production, while it may also be difficult for network operators to source necessary equipment or manage workflows when maintaining and upgrading existing infrastructure.
Overall progress towards 5G may also be postponed or slowed down in some countries.
On the consumer side, spending on telecoms services and devices is likely to be impacted by large-scale job losses and the consequent restriction on disposable incomes. In contrast, there may be rising demand for reliable high-speed services from households, education institutions and healthcare services including tele-health. It is largely unknown what the long-term impacts will be as the crisis develops.
Ogero Telecom, Touch, Zain, Alfa Telecom, Orascom
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