In case you haven’t already downloaded “The BICS Report”, do so now and find out what are the main drivers shaping the wholesale telecom industry in 2018.
The BICS Report offers an overview of the telecoms industry today, highlighting the most pressing concerns and challenges, as well as identifying opportunities for innovation. Eight key focus points are examined, and supported by findings from BICS’ own network traffic and activity.
Digital technology has acted as the catalyst for globalisation, allowing enterprises to reach more customers in more locations worldwide. Mobile technology and infrastructure now support reliable, consistent communication, allowing businesses to maintain a local presence whilst serving a multinational customer base.
In recent years we’ve seen a spike in demand for higher bandwidth and more capacity across the continent, fueled by increased uptake of smartphone technology. The falling cost of handsets and data plans has driven the rate of smartphone penetration to about 50%, according to GSMA Mobile Economy 2017, with the majority of the population using 2G, and the rest using 3G services.