Dm.net.lb

Title

Inconet DataManagement - The Internet People

Description

IncoNet- Data Management sal (IDM) is a Lebanese Internet Service Provider offering Internet access to individual and corporate businesses. It is one of the first licensed ISP’s in Lebanon and its head office located in Jisr El basha Main Street. IDM was established in 1984.

IDM is Lebanon's leading ISP with around 121,500 users representing more than 50% of the Dial-up market segment. IDM also accounts for about 60% of the Leased Lines segment. The number of ISPs operating in Lebanon grew from 5 in 1996 to 23 in 1998 but contracted to few main firms in 2001, mostly due to fierce price war among market players. Further, Lebanon's new telecom draft law is expected to lead to the deregulation of the industry, opening up the Internet sector to increased competition. This could lead to cross-sector as well as inter-sector mergers and acquisitions necessary for competition.

Within this context, Lebanon Invest believes the merger between Data Management and Inconet to be a proactive move in the right direction, as it will position IDM to face emerging market trends. Lebanon Invest research also shows that the number of Internet users in Lebanon has increased rapidly over the past 4 years, reaching about 240,000 users at the end of August 2001. But the Internet penetration rate is only 6.5% compared to 24.4% in UAE, 16.7% in Bahrain and 10.2% in Qatar. Lebanon Invest believes that this relatively low Internet penetration rate provides a well-positioned ISP with promising growth potential.

read more

Languages

English

Address

Kaslik, LbNo Valid City, No Valid State

Contact

Rolly & Paolo Bonja Jewellery
961 1 512513, Fax: 961 1 510474

Additional Information

Related Domains

External Links



Retrieved from "http://aboutus.com/index.php?title=Dm.net.lb&oldid=24105151"