@Collins just as you would imagine...total signal loss akin to a fiber cut. :)
Over distance FSO and 24GHz backhauls are susceptible to attenuation from rain, more so the former. Even bad fog can really throttle down FSO throughput.
FSO links still exist, given my visits to many rooftops around Nairobi as others may also attest...but I don't know if they are operational. They may be backups just in case someone cuts the fiber...most users are GSM operators.