The demand for telecom services, together with larger availability and accessibility of Internet & mobile in African regions has led to the influx of huge investments in this part of the world.
All sectors associated with the African telecom market continue to be rapidly growing sectors of the world, creditability being given to the fast adoption of mobile phones & the rollout of mobile networks. Another critical factor that is used to adjudge the vitality of this sector is that of broadband penetration, which is being used as a scale to ascertain the health of the economy of these nations.
The growing number of nations in this part of the world heading towards privatization and liberalization shall bring in new players into the telecomm market and thus, usher a period of M&A (mergers and acquisitions), new licenses & key financing deals.
There has been a drastic boom in the mobile market of African countries and thus, the mobile penetration is increasing at a pace like never before. This has started ever since 1999. The African government is dedicated to the growth of the telecom sector & is instituting new strategies for greater investment and participation.
A number of new 3G mobiles have been brought out in mobile market of Africa with plans to launch a good number of mobile handsets in the mobile market soon. They are projected to play a vital role in providing Internet services and many mobile traders have already set themselves as Internet Service Providers (ISPs).
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