UNCTAD

Mobile Phones Vital In Global Development

Mobile phones help to decrease the gap between rich and poor nations, and spur economic development, says a UN Report.

In its annual Information Economy Report, UNCTAD, the UN Conference on Trade and Development says that mobile phone subscribers have tripled in developing countries over the last five years, and now make up 58 percent of mobile subscribers worldwide.

"In Africa, where the increase in terms of the number of mobile phone subscribers and penetration has been greatest, this technology can improve the economic life of the population as a whole," the report said.

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