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This is an archive article published on February 3, 2011

8216;Egypt internet clampdown cost 90 mn8217;

The Egyptian government cut off all Internet service in the country on Friday,then restored it early Wednesday.

A top Western think-tank says Egypt8217;s unprecedented clampdown on Internet and cell phone networks during the anti-government protests likely cost it about 90 million.

The Organization for Economic Cooperation and Development says the blocked services account for roughly 3 to 4 percent of economic output,resulting in a loss of 18 million per day for the Egyptian economy.

The Paris-based economic think-tank warned in a statement Thursday that the long-term impact of the communications clampdown could be greater,as it will make it 8220;much more difficult in the future to attract foreign companies and assure them that the networks will remain reliable8221;.

The Egyptian government cut off all Internet service in the country on Friday,then restored it early Wednesday.

 

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