The phoenician alphabet was invented earlier than 1050 BC. It has around 22 letters with no vowels. This alphabet spread all around the other ancient civilisations and was adapted over time. This alphabet is actually very close to the alphabet that we use in this current day, however we have made many adaptions. The phoenician alphabet was actually derived from the egyptian hieroglyphics. The modern arabic script and the greek alphabet were also derived from the phoenician alphabet.
The alphabet soon spread all around the Mediterranean because the phoenicians were famous for their trade of dyes and boats. The language also made its way to North Africa and Europe. As the alphabet and language was so simple, it was easily adapted and used in many different languages.
The phoenician language played a very important part on the languages that we speak today. This is because most of these languages were derived from the phoenician language. If we did not have the phoenician language, then the languages we have now would have been very different. In fact, we may not have even developed a simple alphabet!