Tuesday, March 2African Business News
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Tag: Ernest Ndukwe

5G fuels smartphone growth, as NCC sees

5G fuels smartphone growth, as NCC sees

Business
•MTN to lead charge for Africa’s Fourth Industrial Revolution International Data Corporation (IDC), an analyst firm has expressed optimism on smartphone market growth pointing to rising demand for 5G models as a main driving force. This is even as the Nigerian Communications Commission (NCC), sees the technology, when fully deployed in the country, providing increased speed and bandwidth as well as deeper coverage to reach people in rural communities. The IDC disclosed that shipments are expected to grow 2.4 per cent year-on-year to 377.7 million units. The upward trend is tipped to continue in 2021 with a 4.4 per cent rise over 2020 thanks to “an impressively quick supply chain recovery”, and “significant incentives” from Original Equipment Manufacturers (OEMs) and channels o...