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BOP Markets: Mobile Telephony (Excerpt from the WRI Report)

Posted on Sunday, Jun 24th

Perhaps the strongest and most dramatic BOP success story is mobile telephony. Between 2000 and 2005 the number of mobile subscribers in developing countries grew more than fivefold—to nearly 1.4 billion. Growth was rapid in all regions, but fastest in sub-Saharan Africa—Nigeria’s subscriber base grew from 370,000 to 16.8 million in just four years (World

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