Telecoms Minister Boutros Harb has reduced many phone and Internet service prices in Lebanon, a move he says brings the country inline with regional pricing. (The Daily Star/Dalati Nohra, HO)
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Telecommunications Minister Boutros Harb Tuesday ordered an investigation into the drastic drop in mobile revenues in 2012 and 2013, adding that nearly $1 billion was spent to upgrade the networks but the services and coverage were still poor.In a statement to the press, Harb noted that the revenues of one of the mobile operators have dropped drastically from $730.874 million in 2012 to $625.744 million in 2013 . The minister did not name the mobile company which has seen a big drop in revenues. Harb also revealed that the two firms may have spent over $1 billion in the last two years to improve the services of the telecoms sector and expand the coverage.
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