African Mobile Communication Segment Experiences Immense Growth, According to Gyan Research and Analytics07 May 2013 • by Natalie Aster
Telecom is one of the most important industries world-wide. It contributes significantly towards the economy of every country, in terms of gross domestic product (GDP). In 2011, the industry generated revenues of USD 1.86 trillion. This kind of strong revenue generation coupled with technological advancements, which are adding to the value of the industry every day, is increasing the industry’s prospects. Telecom is quite simply turning into the single most important determiner of the growth of countries across the globe.
The African telecom industry’s mobile segment contributed a significant USD 56 billion to the regional economy in 2011. Internet penetration in Africa stood at 13.5 percent and the key countries in terms of internet users were Nigeria, Egypt, Morocco and Kenya. According to the report “Telecom Industry in Africa - 2013” by Gyan Research and Analytics, mobile subscription reached 642 million with a penetration rate of 65 percent, showing high-end development.
Telecom Industry in Africa - 2013
Published: April, 2013
Price: US$ 700.00
The world telecom industry is looking at the telecom markets of the African countries as huge latent potential for development. Currently, the region’s mobile communication segment is experiencing immense growth and potentially higher penetration rate is predicted for the near future; mobile broadband is also growing robustly. Thus, it is expected that the African telecom industry will thrive over the next five years.
This report examines in detail country-specific telecom industries, including their allied sectors, issues and challenges faced by them and the major players involved in the industry of each country.
In addition, this report analyses the overview of the industry through critical success factors and growth drivers and submits an outlook of the same.
More information can be found in the report “Telecom Industry in Africa - 2013” by Gyan Research and Analytics.
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