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140 mln phone subscribers in Africa by 2009

Nigerian telecommunications investment is estimated at $8 bln and is expected to reach $12 bln by the end of 2007. Number of fixed and mobile line subscribers in Africa is about 100 mln combined.
Written by ZDNET Editors, Contributor

Nigerian telecommunications investment is estimated at $8 bln and is expected to reach $12 bln by the end of 2007. Number of fixed and mobile line subscribers in Africa is about 100 mln combined. About 68% of the lines, as at December 2004 were mobile lines. In the next 5 years, 2005-2009, African subscribers' base will climb to 140 mln, Research and Markets reported.

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