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Company
  • Cedarcom & Mobi

     

    Cedarcom SAL was established in 1997 with the objective of providing state-of-the-art interconnectivity solutions to the corporate industry in Lebanon. Even though Cedarcom SAL obtained its license in 1997, it was not until May 2004 that it started its operations in beta phase (after its acquisition by the Group) and launched commercial services in September 2004 using pre-WiMAX technology. Since then, Cedarcom has an estimated market share of 33% in Data Sector (26% in the Fixed Broadband Wireless Access sector and 38% of the Mobile Broadband Wireless Access sector).

    The formula that Cedarcom SAL followed in its value proposition “8 times the capacity for 80% of the price” – played a role in allowing the company to gain market share quickly. Cedarcom SAL’s national coverage was completed in August of 2005.

    In April 2006 completed a private placement raising substantial equity to launch Mobi. In November 2006 Cedarcom launched Mobi, the first true mobile broadband service using 802.20 iBurst standard. Biography of the private investors is found below.

    Currently Cedarcom is planning its next growth phase of deploying mobile WiMAX 802.16e which is planned for Q1/Q2 2009.


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  • Company Overview

     

    Cedarcom is the alternative Broadband Wireless Data Provider in Lebanon, providing a breadth of data communication and access solutions to the local industry.

    Cedarcom holds a wireless data networking license under decree number 10172, allowing the deployment and operation of a country-wide wireless data network with the advanced Broadband technology. Cedarcom has spectrum on bands 1.9 GHz, 2.5 GHz, 3.5 GHz, 7.5 GHz and 23 GHz.

    Cedarcom provides secure wireless access, data networking and last-mile solutions to Banks, ISPs, ASPs, Insurance companies, Universities, Multi-branch offices, etc.

 

  • Shareholders

    Abdulaziz A. Al Omran
    Mr. Al Omran is a second-generation member of the Al Omran family of business and entrepreneurs. He is an active investor in the GCC financial markets with particular emphasis on the Saudi Stock Market. Mr. Al Omran commands profound Investment Banking background, with over 4 years of experience at Samba Financial Group. During his work with Samba, Abdulaziz was involved in numerous landmark transactions in the areas of M&A, private placements, project finance and IPO’s. Through his partnership in Khalid & Abdulaziz Al Omran Company, he got involved in establishing startup businesses in the areas of real-estate, digital printing, entertainment and manufacturing. He represents Khalid & Abdulaziz Al Omran Company as director to the board in two of its portfolio investments Arabian Industries Company and Al Rashid & Al Omran Company.
    Abdulaziz holds a Bachelors degree in Finance (with Honors) from King Fahad University of Petroleum & Minerals, Dhahran (2001). 

     

    Alex S. Demirdjian
    Mr. Demirdjian is the General Manager of Demco Steel. He is a founder and shareholder of several businesses involved in steel trading, shipping and banking.
    Mr. Demirdjian holds a BS Economics from the University of Southern California.

     

    Bashir Bassatne
    Mr. Bassatne’ is a savvy investor in startups ranging from ICT, Fuel products to F&B. Recently Mr. Bassatne’ participated in founding Luna Solutions. Luna Solutions represents SimDex , a pioneer in electronic distribution solutions, based out of Iceland. Luna Solutions holds SimDex representation in 27 countries in the MENA region. Mr. Bassatne’ is an active member in Hypco Group which is the leading importers and distributor of fuel products in Lebanon since 1965, and is responsible for fuel import and distribution activities since 2001. He also owns interest in several successful F&B businesses including landmark venues like Mandaloun, Mandaloun Grill, Rai, and Asia.
    Mr. Bassatne’ holds an MBA degree from Lebanese American University.

     

    Gamma Group
    Gamma 2000 Limited is a world leader in international marketing and trading, specializing in defense, paramilitary and security markets in mainland Europe, the Middle East and the Far East. Training Services form an important and often integral part of implementing successful security operations.

     

    Georges H. Chalhoub
    Mr. Chalhoub, born 1960, represents UNION FRANCO ARABE’s (UFA) investment branch. UFA is an Insurance Company based in Lebanon with various representation offices in Europe and Middle East countries. Mr. Chalhoub has carried out other operational insurance activities involving insurance and reinsurance solutions on the international market.
    He is a shareholder in various local and International Companies.

     

    Imad M. Tarabay
    Mr. Tarabay has considerable experience in the information and communication technology sector. Mr. Tarabay is the founder, share holder and CEO of several successful companies including Cedarcom which operates the second largest wireless data services company, and Fiberlink Networks which is the second largest ISP in Corporate and the 4th in dial up or residential ISPs.
    Mr. Tarabay is the secretary of the Lebanese Telecom Association and member of the ICT Committee at the American Lebanese Chamber of Commerce. Previously was founding member and treasurer of ITIA and former member of the Board of the telecom committee at PCA.
    Mr. Tarabay has attended Harvard Business School OPM ’37. Mr. Tarabay graduated from the University of the Americas in Mexico with Honorable Mention, holding a Bachelor degree in Business Administration with a concentration in management, finance and marketing.

     

    Joseph Abi Jaoude
    After concluding his successful career as an Officer in the Lebanese Army in the early 80’s, Mr. Abi Jaoude concentrated his efforts to the ICT sector where he became an active member since then.
    Mr. Abi Jaoude is the General Manager of SPM Security Printing Machines (Giesecke and Devrient Agent), Director at CBM (IBM Premier Business Partner) and shareholder in various Local and International Companies.
    Mr. Abi Jaoude is an active member in the society and is the President of Deir-El-Harf Municipality. He holds a Bachelor degree in Sociology and holds numerous international certificates awards and distinction.

     

    Karim Hamade
    Mr. Hamade is an active member in the Lebanese business community. He has participated in several successful business including GFM Insurance from 1992 to 1999 were he held Board seat and occupied the function of Marketing and PR manager.
    Mr. Hamade later divested his interest in GFM and acquired a stake in United Commercial Assurance where he is an active member of the Board. Mr. Hamade is the co-founder and shareholder of Near East Automotive Distribution which was the first vending machine operator in Lebanon since 1996 till 2002. Mr. Hamade is a shareholder and board member of Cedarcom since 2003 and a Board member of Shouf National Touristic Company since 2003. He is a member in YAL (Young Arab Leaders since 2006.
    Mr. Hamade holds a Bachelors degree in Political Science and Public Administration - AUB- 1988.

     

    Pierre Abi Jaoude
    Mr. Abi Jaoude has always worked in the Computer and Communication Technology / IBM Industry products and solutions since the 70’s.He is Chairman and General Manager CBM (IBM Premier Business Partner), and Shareholder in various Local and International Companies.
    Mr. Abi Jaoude was previously the President of the Union des Eleves - ECP Paris, Manager of IBM in Jeddah - Saudi Arabia, and Regional Manager IBM in the Middle East. He has continuously invested in ITC based businesses.
    Mr. Abi Jaoude holds an Engineer degree (Ecole Centrale de Paris), BS Economics (Paris), and BA Industrial Psychology, USJ Beirut.

     

    Park Holding SAL
    Park Holding S.A.L. is a holding company that is part of the Zoghzoghi group of companies The group includes the following companies:
    Société Libanaise d'Amélioration Foncière S.A.L. (SLAF), founded in 1952, SLAF was the first company in our group and is very active in the land development business. DIMA S.A.L. Marketing and Distribution (DIMA), established in 1978. DIMA is a market leader in marketing and distribution of fast moving consumer goods in Lebanon. Dima is the exclusive agent of a number of international manufacturers. DIMA Healthcare S.A.R.L., distributes medical equipment and hospital supplies in Lebanon. Middle East Telecommunications S.A.L. (Meatel), established in 1978. Meatel distributes in Lebanon a large number of products including Cellular phones, accessories and Consumer Electronics (Nokia), and Equipments (GSM infrastructure, Postal & document handling, Audio/Video conferencing). Meatel also do Installation & commissioning of LGP Allgon infra with GSM operators, Marconi GPT exclusive agent for MOT’s on-going payphone project.
    Eagle Telecom SAL (Offshore) established in 2000. handles the distribution of Nokia cellular phones in 14 West and Central African countries.

     

    Richard A. Haykel
    As an active member of the business community Mr. Haykel is the Vice President of the American Lebanese Chamber of Commerce (Amcham Lebanon), Board Member of the Lebanese Numismatic Society, Board Member of the Horsh Tannourine nature reserve and Life Member of the ANS, SCI, GSCO, Boone and Crockett, and the RNS. Mr. Richard Haykel manages a multidisciplinary hospital located on the periphery of Tripoli. The hospital specializes in state-of-the-art medical technology.
    Mr. Haykel, has graduated from the Tufts University in Medford, Massachusetts, and received a degree in economy.

     

    Salim Zeenni
    Mr. Salim Zeenni is an economist by education and an industrialist by profession. Being the former of President of the Federation of Businessmen’s Associations of Lebanon, of the Economic Assembly, and the Lebanese American Businessmen’s Association (LABA).
    Mr. Zeenni has marked himself out in the fields of economy and business. Currently he is an active member of the business community, being Vice President of the Chemical Industries Syndicate, Chairman of the Children’s Cancer Center in Lebanon, Affiliated with St. Jude Hospital – Memphis, Tennessee) and the President of the American Lebanese Chamber of Commerce (Amcham Lebanon)
    Mr. Zeenni is an active investor in the ICT sector, including call centers and support centers in Lebanon.

     

    Talal El-Khalil
    Mr. El-Khalil has a considerable experience in marketing and management built over the years at multinational companies. During his career, Mr. El-Khalil has led several companies including PEPSICO, in the marketing planning, strategy and execution in the Arab and Gulf Markets.
    Mr. El-Khalil currently holds the position of Vice President & GM for PEPSICO INTERNATIONAL Levant Market Unit since 2004 and is responsible of the development of its strategic plans.
    Mr. El-Khalil has received his MBA from Columbia University School of Business and has attended several trainings and courses addressing strategic management, marketing and sales in USA and UK.

     

    Ziad T. Monla
    Mr. Monla is an active entrepreneur in the Lebanese and Middle East arena. His endeavors started in early 1993 where he formed Monla Trading Inc. which represented International companies aiming to participate in the reconstruction of Lebanon. In 1994 he joined the family business, Monla Hospital in Tripoli as active board Member, participated opening the First open Heart Surgery center in the North of Lebanon, Full Fledged Diagnostic Center. Mr. Monla is an active Board of the Syndicate of Private Hospitals in Lebanon.
    In 1999 Mr. Monla formed Lunasat and targeted the telecom business in Iraq. Later In 2003 he formed LunaSat Holding and is present today in Lebanon, Syria, and Iraq. LunaSat Holding owns interest in several companies including InsurePC, and Lunasat LLC (VOIP wholesale and retail in the US). In 2005 Mr. Monla partnered with the Bassatne’ family and formed Luna Solutions which is mandated to implement e-solutions in the Middle East and Africa.
    Mr. Monla Holds a BA degree in International Business from Chapman University in California.

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