Ogero Director Imad Kreidieh laid out a jaw-dropping timeline for improvements to Lebanon’s internet Saturday, all but promising speeds in excess of 50 Mbps by the end of next year – more than 10 times faster than many connections today. Proclaiming, “It is time to stop promising; it’s time to deliver,” Kreidieh outlined the state internet provider’s ambitious plan to finally put Lebanon on par with the rest of the world – or even beat it.

Lebanon’s government has approved an advance worth LBP150 billion (USD98 million) from the treasury to state-run telco and internet provider Ogero, to finance part of the imminent national fibre-optic network development project estimated to cost USD300 million overall, reports Lebanese website BusinessNews.