Oghenevwede Ohworiole in Abuja
The African Telecommunication Union (ATU), in partnership with the Global System for Mobile Association (GSMA), is working on modalities to reduce challenges facing the telecom industry and increase its revenue base from the $240 billion it currently contributes to African economies.
The Secretary General of the ATU, John Omo has stated that the telecom industry in Africa generates over $240 billion and that if regulators and governments work on investment policies it will increase the revenue.
Omo disclosed this at the ATU/GSMA workshop in with the theme: “Advancing Africa’s Digital Future: Data, Connectivity and Satellite Regulation” on Wednesday in Abuja
Omo said, “The GSMA this year released the Mobile Economy Africa report and I thought to myself before even the GSMA approached us for this partnership, I thought to myself that we do not appreciate some of the issues that we have for the work that we can do to help us understand where Africa’s future economy is and where our attention should be focused on. And through that work we now know, for example, that mobile technologies and services contributed to this continent 240 billion US dollars.
