Tanzania, November 9, 2017 – Mobile telecommunication services have established their footprints in Africa taking advantage of the vast market available for their products and services. They have understood that Africa is a hotbed of opportunities that could be harnessed for greater good and they are doing just like that with daily updates on how to keep their customers as well as lure more into their pool of services. Undoubtedly, this has paid off with a number of companies recording great hits in profits and adding to their tallies of records.
The continent of Africa has embraced technology in a completely different definition and governments are on their toes to further innovation to boost the economy. With rules and regulations set to rule the governance of the tech world, mobile internet connections have forecast to multiply in the next half a decade, according to a report. The report suggested that the increased penetration of smart phones has led to this success in recent years.
The roll of high-speed networks has been another factor fueling the fast rise and rapid growth of mobile internet connections.
The affordable smartphones in the market have been quickly selling with the demand of the market growing on a daily basis. With new features coming into action, there has been a rise in demand for the gadgets.
A report by research and consulting firm Ovum in London estimates that mobile broadband connections will rise from 419 million at the end of this year to 1.07 billion by the end of 2022.
The data connectivity is steadily growing in the continent. Better things are expecting to show up in the coming days with the digital media growing. Most media are shifting into the social media platform to fuel their influence to customers. The mobile money services have fueled up the agenda as well, a convincing transaction platform to send and receive money. Mobile banking has found its way into the same net taking advantage of the tech opportunities.
The ups have not come easily. The telecoms are now under increasing pressure to sustain their businesses and meet the demands of the market on a daily basis.
Many mobile phone operators are splashing cash on the high-speed networks in a bid to keep the competition high.