The Latest Insights from International Online Marketing
11 September 2015.
The mobile telecoms company Smile Telecoms has announced it will expand into the Democratic Republic of Congo.
It has raised 365 million US dollars in funding, which it will use to build the mobile internet infrastructure in Congo.
A spokesperson from the company has commented on the expansion, saying: “The availability of a reliable high-speed, broadband internet service in the country will help businesses and individuals become more productive and efficient, and this in itself is an economic enabler.”
Smile Telecoms already operates 4G networks in Nigeria, Uganda or Tanzania, where it competes with Orange, Telefonica, Airtel and MTN.
Internet capacity is growing faster in Africa than anywhere else in the world. Africa is a key frontier for future internet growth, with the 1 billion threshold for mobile subscription edging ever closer.