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Nigeria to Drive Africa s Telecoms Growth, Says Report thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Views: Visits 4 A report by Moody’s Investors Service has said that Nigeria holds the key to the growth of telecom’s sector in in the Sub Saharan Africa (SSA). Moody’s, in the report that was released on Monday, tipped Nigeria to lead the sector’s growth in Africa because of its large population and relatively low internet and mobile phone penetrations compared to its population. It also estimated that mobile subscribers in SSA would increase by 150 million over the next five years, with most of the growth coming from markets with large populations and low penetration rates. The report, which was titled: “Sector In-Depth: Telecommunications-Africa,” stated that African telecoms would benefit from strong growth but are faced with increasing sovereign risks.
A report by Moody's Investors Service has said that Nigeria holds the key to the growth of telecom's sector in in the Sub Saharan Africa (SSA). Moody's, in the report that was released on Monday, tipped Nigeria to lead the sector's growth in Africa because of its large population and relatively low