Business
Firm Ties Africa’s Growth To Broadband Deployment
The Chief Executive Officer, Main One Cable Company, Ms Funke Opeke, has reiterated the significance of reliable connectivity in boosting African economies.
She said this at the inaugural meeting of West Africa Connect 2013, an executive summit uniting the West African wholesale telecoms market, held in Dakar, Senegal.
A statement from the firm said she spoke at the panel discussion on the theme: ‘Evaluating Key Developments, Innovations and Growth Opportunities in the West African Wholesale Markets’.
She also shed light on the growth opportunities in wholesale broadband, identifying the increase in new kinds of Internet activity and content-rich broadband applications as potential platforms.
She said, “The development of fiber infrastructure by existing and new Internet Service Providers, the rise of wireless technologies and the emerging migration towards user-created content and social networking will also form new prospects for broadband penetration in the continent.
“Reliable connectivity revolutionises various sectors of national life, such as the development of accessible government services, telemedicine, growth of intelligent transportation systems and the increased prominence of readily accessible and convenient online banking portals.”
Major global telecommunications issues that featured at the summit were telecoms growth and development in West Africa; broadband development projects across nations; cross-border communication; and global growth of the telecoms sector, among others.
The summit focused specifically on the challenges and opportunities that were unique to the West African telecoms wholesale market in a targeted and comprehensive format, expected to provide the strategy to grow profits in the region.