The Lebanese government granted Elon Musk’s company to provide satellite internet services throughout the country, a measure meant to mitigate the telecommunications and electricity infrastructure crisis.
The Lebanon has approved the Licensation of Starink, the Satellite network of Spacex owned by Elon Musk, to provide Internet services throughout the country, Paul Morcos lately announced on Thursday.
The decision comes against the background of a severely affected economy and an infrastructure of telecommunications and electricity in collapse.
The government has also appointed regulatory authorities for electricity and telecommunications sectors.
The agreement was announced almost three months after Musk discussed by telephone with Lebanese President Joseph Aoun about potential investments in the communication sector.
At the same meeting, the Government appointed regulatory authorities for electricity and telecommunications sectors, a long -term condition for international organizations to support reforms.
The appointment of a regulatory body for the energy sector, delayed for over two decades, is considered an essential step in reducing losses of over $ 1 annually and for combating corruption of the state -owned state company, which cost the state about 40 billion from the end of the Civil War 1990.
