Boom days are over: GSMA forecasts that there will be 386 million mobile subscribers in Sub-Saharan Africa by the end of this year but that growth in subscribers will become sluggish over the next five years.
CAPE TOWN: The rapid spread of mobile phones across Sub-Saharan Africa is transforming the region, but record levels of growth are due to slow sharply, an industry report said this week.
The industry contributed more than US$100bil (RM411.47bil) to the region’s economy last year – equivalent to 5.7% of gross domestic product, according to a study released at a conference in Cape Town by the GSMA association which represents mobile operators.
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