Zambia hints at fifth telco operator

A fifth telco
for Zambia?

Enough room says
industry regulator.

Wednesday, Feb 19th

'Mobility can drive Africa's banking, media sectors'

Jeijdling Fredrik President Ericsson Sub-Saharan Africa.

Mobility can be a driver of two key sectors in Africa namely banking and TV & Media, says Fredrik Jejdling, president of Ericsson sub-Saharan Africa.

Jejdling made his comments at the AfricaCom conference in Cape Town, South Africa, and said the two sectors can expect to be impacted by Information Communications Technology in a big way.

Over the last 20 years the ICT industry has connected about 5 billion people on voice, said Jejdling.

However, the telecoms services firm expects 50 billion devices to be connected by 2020.

Jejdling explained that basic foundation to drive growth on the continent is to drive mobile broadband.

He noted that mobile broadband growth in sub-Saharan Africa is currently 76 million but it has the potential to grow and reach 710 million subscriptions.

"The areas we feel will be impacted by mobile are access to information, financial services and the consumption of TV & Media," he stated.

"Today the affordability levels in Africa are such that it prevents people from consuming media to a very large extent.

"The packaging and affordability in relation to set-top-boxes, TVs, etc are such that you can't connect people and distribute TV & Media in an effective way," he said.

According to Jejdling 80% of the continent's population remains unbanked, while only 20% of the population experiences 3G coverage.

He added, all those individuals who are unbanked can be banked or connected tomorrow with the mobile phone.

"Sending money should be as easy as sending an SMS," Jejdling concluded.

ALSO ON ITWEB AFRICA

Epsidon Technology Holdings announces acquisition of Nology Published on 19 February 2020

Epsidon Technology Holdings (Epsidon) announced its acquisition of Nology, a leading specialist value-added distributor of converged IP solutions.

What of Vodafone Ghana's economic future? Published on 12 February 2020

Transfer of control of the company to Vodacom Group reignites speculation over company's local listing.

Kyocera brings new levels of eco-friendly productivity to the workplace Published on 06 February 2020

Kyocera Document Solutions South Africa has launched a new range of A4 monochrome ECOSYS products, designed to help companies manage their print output more securely and efficiently than ever before, while significantly reducing their environmental impact.

Global blockchain alliance to support Africa's aviation parts industry Published on 18 February 2020

Stakeholders in Maintenance, Repair and Overhaul (MRO) chain to demonstrate how technology can be used to digitally manage parts.