Tanzania's 4G investment opportunities
Tanzania’s deployment of 4G, combined with increasing demand for advanced IT services, is set to drive growth East Africa’s largest country’s telecoms sector .In simple definition, 4G is the fourth generation of mobile wireless technology standards, with the generation denoting the standards of network coverage and speeds, along with services provided. No doubt 4G offers smoother and quicker data transfers. Much of the demand is predicted to come from Tanzania’s rising middle-income segment. It is estimated that at least 40m people in the country, approximately two third of the population will fall within the middle and affluent earnings brackets by 2025, according to a study, deepening the potential client pool . New products and services are also expected to pave the way for increasing opportunities for foreign investors in a market where mobile phone subscription levels are already at near saturation point. Currently, Tanzania has more than 40m mobile subscriptions, with ...