Tele-me-when

“If you don’t have it you are losing the game,” said  Gareth Locksley, author of a new study by the World Bank, which found that if broadband penetration had risen by just 10 percent in 2008, Lebanon’s economy would have grown by an additional 1.2 percent to 1.5 percent, with similar growth for every 10 percent increase thereafter. According to the study, Lebanon could accrue $78 million to $98 million for every 10 percent rise in broadband penetration. The economic growth allowed over just one year by such an increase would easily cover the costs of the required infrastructure upgrades, and even turn a profit. “In some circumstances, [the cost to benefit ratio could be] substantially less, depending on the technology used,” said the report. Smoothing internal strife “The impact on the Lebanese economy if [it does not] embrace broadband now would be equivalent to Lebanon having not embraced learning