This week, reports were leaked about a new social networking service called Facebook Lite. This new service will look similar to the Facebook interface we’ve all grown to know and love but will be simplified and similar in appearance to Facebook’s mobile version.

Facebook Lite will only offer basic features on its current Facebook interface including the following tabs: wall, info, friends, photos and videos. According to TechCrunch, Facebook’s initial idea behind Facebook Lite was to create a service that could be accessed more quickly for regions of the world with lower broadband Internet connections.

There is no confirmation whether or not US users will be able to try out the new service anytime soon. The LMGPR team is looking forward to the new service and will keep you all informed on additional developments.