Prysmian wins Libyan cable order

NOVEMBER 22, 2006 -- Prysmian Cables & Systems has secured a contract for the supply of 6,300 km of fiber-optic cable to Libya. The cable will form the backbone of the new telecommunications network of the Libyan Post, Telecommunication and Information Co.

NOVEMBER 22, 2006 -- Prysmian Cables & Systems (search for Prysmian) has secured a contract for the supply of 6,300 km of fiber-optic cable to Libya. The cable will form the backbone of the new telecommunications network of the Libyan Post, Telecommunication and Information Co. (LPTIC), the national operator, and will extend into the northern and western areas of the country, including also the capital, Tripoli.

The cable, supplied through Italian main contractor SIRTI, will be produced at Prysmian's Italian production facility at Livorno Ferraris in Italy and will contain from 24 to 96 optical fibers, depending on their location within the network. Installation of the cables will be completed in approximately 18 months, although the network will continue to evolve as other regions and cities are subsequently reached by fiber.

"We are delighted to have secured this prestigious project which confirms the positive signs in the current telecoms market and is a clear indicator of the strategic direction taken by the major operators as we enter the broadband age," commented Giovanni B Scotti, director of Prysmian's global telecom cable and fiber-optic business.

"Prysmian demonstrates that it owns in Italy leading-edge know-how and technologies for the delivery of strategic projects in the telecommunications sector, effectively answering the needs of a continuously evolving market," added Franco Carini, CEO of Prysmian Italy.

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