For the past few days, a major revolt against the current Egyptian government has been taking place.
As a result, authorities have blocked internet and mobile phone services in an effort to break down communication in the country and quell what could otherwise become a very bloody rebellion.
A report by the Associated Press stated that the revolt may have cost the Egyptian government more than $90 million.
The OECD reported that the blocked services stand for around 3-4 percent of Egypt's economic productivity.
The international policy think tank suggested that, as a result, the Egyptian economy loses about $18 million for every day that the revolt continues.
Journalists in Paris reported that the amount of money lost by the Egyptian government could be even higher than what was estimated by the OECD.
They also noted that consequences of the communication and web hosting shutdown would go as far as to deter future foreign investment.
The blockage of internet services by the Egyptian government was effected on Friday and restored early Wednesday.
Following a similar release, TMCnet stated that immediately after the internet services were restored on Wednesday, government websites were under attack by hackers.
It also stated that a particular group, known as Anonymous, was behind the attacks.
It was also purported that the same group informed hackers to target various websites, with key ones being the Egyptian Ministry of Information and that of the National Democratic Party.
This information was made public through a Twitter post monitored by the AP.
Anonymous reported that it followed this course of action as a way of supporting the Egyptian protesters.
A majority of the people protesting in the streets of Cairo are against the current government.
The protest took a new twist as violence erupted between the supporters of President Hosni Mubarak and anti-government activists.
When the government did shut down internet to prevent communication, dial-up modems and other cheap web hosting services were the best option for Egyptians to get back online.
This is according to a report released by TMCnet.
The same report also stated that Twitter was effectively used to pass political information during the revolt and keep the masses informed on various issues.
As a result, authorities have blocked internet and mobile phone services in an effort to break down communication in the country and quell what could otherwise become a very bloody rebellion.
A report by the Associated Press stated that the revolt may have cost the Egyptian government more than $90 million.
The OECD reported that the blocked services stand for around 3-4 percent of Egypt's economic productivity.
The international policy think tank suggested that, as a result, the Egyptian economy loses about $18 million for every day that the revolt continues.
Journalists in Paris reported that the amount of money lost by the Egyptian government could be even higher than what was estimated by the OECD.
They also noted that consequences of the communication and web hosting shutdown would go as far as to deter future foreign investment.
The blockage of internet services by the Egyptian government was effected on Friday and restored early Wednesday.
Following a similar release, TMCnet stated that immediately after the internet services were restored on Wednesday, government websites were under attack by hackers.
It also stated that a particular group, known as Anonymous, was behind the attacks.
It was also purported that the same group informed hackers to target various websites, with key ones being the Egyptian Ministry of Information and that of the National Democratic Party.
This information was made public through a Twitter post monitored by the AP.
Anonymous reported that it followed this course of action as a way of supporting the Egyptian protesters.
A majority of the people protesting in the streets of Cairo are against the current government.
The protest took a new twist as violence erupted between the supporters of President Hosni Mubarak and anti-government activists.
When the government did shut down internet to prevent communication, dial-up modems and other cheap web hosting services were the best option for Egyptians to get back online.
This is according to a report released by TMCnet.
The same report also stated that Twitter was effectively used to pass political information during the revolt and keep the masses informed on various issues.
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