In light of the dire economic situation in Lebanon, Lebanese Minister of Telecommunications Johnny Corm held a press conference, along with Ogero, Alfa and touch, to inform subscribers of an increase in telecom prices that sooner or later had to happen to protect the sector from falling apart. The new prices will all be in USD at the exchange rate of BDL’s Sayrafa platform.
Salem Itani, CEO and Chairman of touch explained how the devaluation of the Lebanese Pound has pushed telecom operators to increase tariffs to be able to continue in providing telecoms services to the subscribers.
Alfa CEO and Chairman, Jad Nassif highlighted as well the need to revise prices while taking into account subscribers with low incomes. He emphasized that this step was taken to guarantee the telecommunications sector’s continuity.
Ogero Chairman Imad Kreidieh stressed that the increase does not fully cover Ogero’s operational expenses given the currency’s devaluation and lack of resources, however it was calculated based on the people’s purchasing power.
Kreidieh noted that the increase is by two and a half times but new packages will be offered to subscribers and SMEs.
