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Africa - The Ultimate Frontier Market: A guide to the business and investment opportunities in emerging Africa by David Mataen

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Chapter 17: Opportunities in Telecoms

Telecommunication was without a doubt the fastest growing sector in Africa in the 2000s. When we talk about telecoms in Africa, it is principally mobile phones because fixed lines are insignificant in number. Telecommunication revenues have increased at a compound annual growth rate (CAGR) of 40% over ten years and the number of subscribers grew rapidly to stand at 453m at the end of 2008. [263] To meet the increased demand, investment in telecom infrastructure also grew massively to an average of around $15 billion per year between 2003 and 2008.

Overlying themes in telecommunications

In the coming decade and beyond, the overlying themes that may be expected to influence strategies and investment ...

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