TechnoLibya

The fact that earlier this month US tech giant HP announced its plan to establish new sales and support subsidiaries in Libya by 2010, demonstrates Libya’s intention to open up to foreign investments, The North African Journal online states.

On its part, by doing so, HP, will increase its footprint across Africa to nine subsidiaries, that is, Algeria, Angola, Egypt, Kenya, Libya, Morocco, Nigeria, South Africa, and Tunisia.

Foreign tech companies like Nokia, LG, Samsung, Huawei, Alcatel Lucent, Nokia and Ericsson, already have a strong presence in Libya, and other leading foreign companies are expected to make inroads into the Libyan market, especially after Libya recently invited bids by foreign companies to provide private cell phone and landline services to increase the level of competition in the Libyan wireless market, drive innovation, but most importantly fuel the wireless growth in the country.

For HP, opening new sales and support subsidiaries in Libya does not come as a surprise as Libya is regarded as a key IT/wireless strategic market in North Africa. It is also one of the most advanced wireless markets in Africa.

Last September, Libyan carrier Al Madar announced its plan to adopt LTE, bypassing 3G completely.

JBB Research recently published an analysis on this, stating that Libya is Moving Full Speed toward the 4G revolution, with Al Madar’s plan to adopt LTE in the coming years, bypassing 3G completely.

While many African carriers are still in early stage of 3G network deployment or don’t even have deployed a 3G network, this is seen as a pretty significant step for the country.

However, it does not come as a surprise given that Libya was the first North African country to adopt WiMAX.

This should help HP reinforce Libya’s leadership in the African IT market as HP claims to be the number one vendor in Industry Standard Servers, management software, PCs and printers, and a leading vendor in the networking, storage and the services market.

Via [TripoliPost]