November 10, 2011

Report: Africa is Fastest Growing Mobile Phone Market

RTR2R26U_Niger_CellPhones_09NOV11.jpeg A global industry group says Africa is the fastest growing mobile phone market in the world. Voice of America reports.

quotemarksright.jpgIn a report released Wednesday, the Groupe Speciale Mobile Association (GSMA) said the continent is also the world's second largest mobile market by connections, after Asia.

The GSMA said Africa outpaced all other mobile phone markets in a three-month period of this year, when it reached 649 million connections.

The report said the number of mobile phone users in Africa has increased by nearly 20 percent every year for the last five years. And it predicted the robust growth to continue.

Still, the industry association reported a "huge untapped potential" in Africa, saying more than a third (36 percent) of Africans in top markets still do not have access to mobile phones.quotesmarksleft.jpg

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