Beirut hosts conference on telecommunication modernization in the Arab states

Beirut will play host next February to a conference on the current status of the telecommunication industry in the Arab states.

The conference, to be attended by renowned Arab and foreign Telecom experts in addition to delegates from leading World telecommunications companies, will hear several reports on the role and importance of telecoms in sustaining the socioeconomic development process in the Arab world.

Participants will discuss the impact of the telecommunication liberalization on the Arab world economies and will assess the investment needed for the development of the sector in the Arab World.

Experts say Arab states need around $ 30 billion for the modernization of their telecommunication infrastructure to be up to the upcoming globalization challenges.