By Libya Herald reporter.
Tunis, 23 January 2016:
The Chairman of the Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC) Faisel Gergab . . .[restrict]held a meeting with the Minister of Telecommunication and Information Technology of Ivory Coast, Koné Bruno, at the headquarters of the ministry in the Ivorian city, Abidjan earlier this week.
The meeting was part of a comprehensive strategic plan developed by LPTIC to improve and develop its Ivorian subsidiary company ORICEL (formerly LAP GreenN).
The main goal of this meeting was to discuss the current operational and regulatory challenges facing the company and provide a comprehensive action plan to the Government of the Ivory Coast aimed at restructuring the company and improving its competitive position in the local market.
The LPTIC was also aiming to secure the renewal of the license and new universal integrated telecom license to improve and provide new services.
It will be recalled that, as part of the restructuring of the telecommunications investment in Africa last August, ownership of LAP Green was transferred from the Libya Africa Investment Portfolio (LAIP) to LPTIC.
‘‘LPTIC’s strong home position will enhance the value of its new African based assets, develop growth opportunities and create synergies with its Libyan operations and other global infrastructure investments’’, LPTIC said in a statement received by Libya Herald.
After the meeting, Faisel Gergab said: “The meeting with Mr. Koné Bruno was important and successful, all indications were positive. With the help of integrated global consulting firms, a strategic plan was presented and discussed thoroughly to restructure and improve Oricel’s position in the market by offering new and diverse services for the Ivorian market, this will enhance the competitiveness of the company in the domestic market and achieve investment returns’’. [/restrict]
