The telecommunications sector in Africa grew by a phenomenal 41% from 2007 to 2008, and despite the current slowing world economy, that figure is expected to at least remain constant for the current period - at the beginning of 2008 it was documented that an approximate 300 million subscribers were accounted for on the African continent alone.
In the current economic climate, stringent competition among networks, product manufacturers (example: cellphones) and aggregators are expected to produce service levels consumers haven't enjoyed in a very long time.
Norman Parkin, CEO of Integrat, has the following to say in terms of the above: “As access to technology and better systems become more available, all South Africans will receive better service at much lower prices. For example: broadband is becoming more available to South Africans, and the cost of data is being pushed down by companies like Convergence Partners with their infrastructure and WiMax investments. “
Consider then also the influx of new business into the country, the strengthening economy due to the 2010 Soccer World Cup, and the fact that overseas markets should begin to stabilise by the latter part of the year, according to financial experts, and it can only be predicted that the mobile industry will have a stellar 2010.
Although the signs are ominous and contradictory, financial researchers and analysts maintain at this time that South Africa will in all likelihood avoid the near-worldwide financial recession.
At this stage, it seems that international sporting events like the Indian Premier League, the forthcoming British and Irish Lions rugby tour as well as the 2009 FIFA Confederations Cup and the big one, the 2010 FIFA World Cup, are the unlikely knights that will ensure the eyes of the world are kept on South Africa, with its money following close behind.
According to engineers who have been following the structural progress of the 2010 World Cup, the development of infrastructure for the event coincides with a number of developmental projects that will contribute to the economy as a whole - a staggering R19 billion was allocated by the South African government and R700 million by businesses creating around 159 000 new jobs.
Mobile aggregators such as Integrat offers shrink-wrapped platforms, for example: campaign managers and content engines from which a variety of promotional services and competitions may be run. The types of products and service will prove to be great revenue generators in the current African economic climate.
For further information regarding Integrat, or any mobile aggregation, please contact corne@integrat.co.za.
Information for this press release was gathered from the following sources:
http://www.engineeringnews.co.za; http://www.itnewsafrica.com.
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