Mobile companies urged to invest in poor countries

Tuesday, March 22, 2005

If you look at the statistics today, we have 51 million mobile phone users in Africa, but there are a billion people who live there, and at least half of them have disposable income,’ he said. ’We’re not a basket case, we’re not holding out a begging bowl, we’re saying there’s a commercial opportunity – it’s a huge untapped market.’ Mr Naidoo was speaking after nine mobile operators announced on Monday that they had commissioned a new range of low-cost phones from Motorola Inc, tailored for developing countries.
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Source: Business Times