CNN Dubai reports :
" High-technology services across large tracts of Asia, the Middle East and North Africa were crippled Thursday following a widespread Internet failure which brought many businesses to a standstill and left others struggling to cope.
Hi-tech Dubai has been hit hard by an Internet outage apparently caused by a cut undersea cable.
Industry experts are blaming damage to two undersea cables but it is not known what caused the damage.
Reports say that Egypt, Saudi Arabia, Qatar, the United Arab Emirates, Kuwait, Bahrain Pakistan and India, are all experiencing severe problems.
Nations that have been spared the chaos include Israel -- whose traffic uses a different route -- and Lebanon and Iraq. Many Middle East governments have backup satellite systems in case of cable failure."
As stated by one of the interviewed ISPs, this pretty severe outage is a wake up call for the region. But also for the whole Telecoms industry : it's time to stop lay offs and start lay out new cables. Dear submarine systems makers, you've got a bright future ahead of you !
Just like in the mid-90's, when the big projects such as FLAG and SeaMeWe appeared.
The difference ? Today, there are people at the end of the fiber. Applications. Business. Users.
It's showtime for the real Net Economy, folks !