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After years of not believing and not trusting in the market I decided to educate myself and revalue my opinion. Educated opinions are the only valid ones. That been said, here I am, reading, reading and reading... I started in small steps few months ago and I buy to hold. As Lynch says, stocks... More
  • Smartphones - Bridging The Digital Divide 0 comments
    Dec 3, 2013 9:53 AM | about stocks: ERIC, NOK

    Ericsson ConsumerLab has released its first regional consumer insight report focusing on trends and analysis of the mobile ecosystem in Sub-Saharan Africa.

    The report highlights how mobile phones create and promote connectivity in Sub-Saharan Africa from the consumer perspective, covering topics regarding smartphones, the internet, financial services, and applications.

    The mobile phone, more specifically the smartphone, has the potential to bridge the digital divide by providing universal access and connectivity to a wider scope of citizens, regardless of location or economic status.

    Though basic and feature phones still dominate the market, the research estimated that the smartphone will be key to enabling internet usage and an essential device in connecting personal and professional lives, as well as society at large. However, growth in the uptake of smartphones, which are presently seen as expensive, is expected to significantly increase, particularly with the anticipated introduction of a smartphone in the USD 50 price range.


    This ConsumerLab report also shows that the top three communication services used (other than voice) are sending/receiving SMS messages (72 percent of mobile users), social networking (44 percent of mobile users), and browsing the internet (43 percent of mobile users).

    Smartphone users are driving internet use, and are showing strong interest in performing data-intensive mobile activities such as video calling, watching live TV shows, and streaming videos from channels such as YouTube.

    Conclusion: There absolutely no doubt that an enormous growth potential waits at the other side of the door. Huge markets are 'broadband mobile services' thirsty and companies such as Ericsson (NASDAQ:ERIC) and NSN (NYSE:NOK) can provide them with that 'water' for the years to come.

    The interesting and more soul relieving point is that not only big corporations and investors will get rewarded, but people will get access to services and resources which seem to be basic and normal in some parts of the world but yet unknown for them.

    Disclosure: I am long ERIC, NOK.

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