 In 2006, the newly elected President of Liberia, Ellen Johnson Sirleaf, reactivated Libtelco, appointing a temporary Board of Directors while also ordering the creation of a new telecommunications policy for Liberia.The subsequent Liberia Telecommunications Act of 2007 placed regulatory authority over Libtelco and the Liberian telecommunications industry with the newly created Liberia Telecommunications Authority, while also granting Libtelco the sole license for all fixed line telephone services in the country until 2011.Sirleaf appointed a new board and management team to operate the company in 2007.