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August 29, 2005
Cheap cell phones drive demand in Africa
From 1999 through 2004, the number of mobile subscribers in Africa jumped to 76.8 million, from 7.5 million, an average annual increase of 58 percent.
South Africa, the continent's richest nation, accounted for one-fifth of that growth. Asia, the next fastest-expanding market, grew by an annual average of 34 percent in that period.
Privatization is driving this demand. One in 11 Africans is now a mobile subscriber. On a continent where some remote villages still communicate by beating drums, cell phones are a technological revolution.
Posted by admin at August 29, 2005 08:00 AM