Africa Now the World's Second Largest Mobile Market, Reports GSMA
9 Nov 2011 08:00 Africa/Lagos Africa Now the World's Second Largest Mobile Market, Reports GSMA CAPE TOWN, South Africa, November 9, 2011/PRNewswire/ -- New GSMA report calls on African governments to allocate spectrum and lower taxes to enable mobile network expansion across Africa,generating major economic and social growth AfricaCom: The GSMA today announced that Africa is now the world's second largest mobile market by connections after Asia, and the fastest growing mobile market in the world. According to the new GSMA Africa Mobile Observatory 2011 report*, Africa achieved this milestone as mobile penetration reached 649 million connections in Q4 2011 (having first exceeded 50 per cent mobile penetration in 2010). Over the past five years, the number of subscribers across Africa has grown by almost 20 per cent each year and will reach more than 735 million by the end of 2012. Ninety-six per cent of subscriptions are pre-paid with voice services currently dominating, althou...