Amid rapid technological development, the competition to supply telecom services in war-torn Somalia proves that some complex businesses can thrive even in one of Africa’s dangerous markets. One of the largest telecom companies in Somalia, Hormuud Telecom, has annual sales of as much as US$40 million. Even “Mobile 2.0” is making inroads here. But the success of Somalia’s telecom sector shouldn’t come as such a surprise, according to experts.
Arab Mobile Phone Subscriptions Jump 70% in 2005 Source: www.cellular-news.com/story/18589.php The number of mobile phone subscriptions in the Arab world has grown by a whopping 70 percent in 2005, underlining a strong consumer demand coupled by increased liberalization and competition in Arab telecom markets, according to a recently published Madar Research study. The study also reveals that Bahrain and the United Arab Emirates have achieved mobile phone penetration levels among their population that are comparable with those prevalent in Europe and Pacific Rim countries.
Dr. Randy Spence spoke of his experiences in Somalia, where there isn’t much government to speak of. But people are using ICTs. However, he emphasized that ICTs must drop in cost for the investments of the 1990s to bear fruit. “I’m involved in nanotech and biotech, and fairly rapid diffusion of this technology will be very important.