Financial Crisis
Emerging Africa
Africa: The next wide-open wireless frontier | Africa: The next wide-open wireless frontier |
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| Financial Crisis - Emerging Africa | |
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M obiles phones already allow africans to leapfrog fixed-line telephony to gain access to the world and have yet outnumbered fixed-lines. As a result, growth for mobile technology is drawing there many businesses into developing activities and services, and the fierce competition among local and foreign operators has lowered consumer costs.
Although far from high technology, the trend represents an important breakthrough and has moved to a step closer to (full) capacity when it comes to connecting people, to link isolated people and shape community life in Africa. Yet in early 2004, Business Week already titled "Africa: The next wide-open wireless frontier.', and it appears that market share of Paris-based Alcatel was three times bigger in Africa than elsewhere, and many mobile-phone service companies find growth is greatest for them in sub-Saharan Africa. Nokia has developed affordable handsets and networks to enter this market, while chinese firms have expanded to the continent alongside with other global companies (Ericsson, Motorola,...) also investing heavily in this promising market.
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