Updated: Mar 24
Colonia, Yap -- It’s been nearly three years since the installation of the World Bank-funded fiber optic cable brought the remote island of Yap and its sister states into the 21st century with reliable broadband internet service.
Now, the small state is getting ready to take another major leap forward by becoming FSM’s leader in telecommunications and providing greatly improved economic development opportunities thanks to one of the island’s native sons.
As Yap’s newly licensed telecom company, iBoom Waab Inc. is headed by technology entrepreneur Lubuw Falanruw. Working from his base in Hawaii during the pandemic lockdown, he has assembled a team of local and expatriate Yapese to jump-start the enterprise.