NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, March 22, 2005

In Nigeria, the average mobile phone generates $55 (?29.15) in revenue every month. In Rwanda and Mozambique, two of the world’s poorest nations, it is $20 (?10.60). It’s not that Africans are mobile phone crazy. Rather, many phone owners make money by reselling airtime to their local communities.
Full article available here.