December 12, 2018

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Beirut, Wednesday October 10, 2018 - The 10th Edition of Fibre to the Home (FTTH) Council MENA Conference will take place this year in Beirut from October 29th till October 31st, 2018 at Hilton Habtoor Beirut.

Expansion will place the Company among the top integrated optical fibre
and cabling companies globall.

”The first half of the year recorded positive business performances leading to a good organic revenue growth,” stated CEO Valerio Battista. “Profitability was affected by the impact of provisions for the Western Link project; net of such provisions, the profitability of the Projects business was stable.

Shaping smarter connectivity - Convergence is improving the ROI of FTTH.  As consumer demand for data increases, network operators must increase wireless capacity.  The use of multiple communication modes on a single network offers convenience and flexibility that are not possible with separate infrastructures. Networks can and will merge into one, saving operator operating expenses (OpEx) and capital expenditures (CapEx) as equipment requirements also become identical.

We are pleased to announce that Bright Wires Silver member of FTTH Council MENA has recently signed an agreement with three global vendors to enhance the FTTH deployment and education in the MENA region.

ABC is the most prominent mall and department store in Lebanon, offering unique shopping, dining, leisure and entertainment experience. With a more than 75-year heritage built on the tradition of innovation, ABC was keen to ensure the very best shopping experience for customers at its newest mall in Lebanon, ABC Verdun.

Tangier, Morocco –   May 9th 2018, Furukawa Electric Group establishes itself in Tangier Automotive City (TAC). The inauguration of the company’s first factory in Africa and the Middle East will take place in the presence of Mr. Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and Digital Economy; Mr. Takahide Kimura, Director and Corporate Executive Vice President of Furukawa Electric and General Manager, Communication Solutions Division;   Dr. Timothy F. Murray, Senior Vice President of Furukawa Electric and Chief Executive Officer of OFS and Dr. Peter C. Schultz, internationally recognized scientist, Director and Senior Advisor, OFS and co-inventor of fiber optics for telecommunications.

The UAE has the highest Fiber-to-the-Home (FTTH) penetration globally, with a coverage of 94.3%. A significant amount of this coverage is provided by Etisalat and as part of its commitment the service provider is continuously enhancing this network connectivity.

The new vessel is expected to be ready for business by the second quarter of 2020

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