African Cell phone Growth Rate to Exceed 22% a year for The Next 5 Years
According to statistics recently published by Informa Telecoms & Media, the African cellular market´s annual growth rate over the next five years will exceed 22%, the highest of any world region.
The forecast for markets in East and Central Africa combined will be 27% over the same period. The region´s market now represents 15% of the continent´s mobile users and has grown by 58% over the past year to reach nearly 18 million subscriptions.
By the end of 2006, the East and Central Africa region will include 6 countries among the 15 largest African markets, with Kenya, DR Congo and Tanzania among the top ten.
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