Central Bank of Somalia

Somalia Telecoms, Mobile and Broadband Markets, Statistics and Analyses Report 2021: Somalia's Government Making Strides in Improving Telecom Sector Regulation - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 19, 2022
Technology, Mobile, Wireless, Networks, Telecommunications, Government, Central bank, Adoption, Hormuud Telecom, Adult, CBS, Information and communications technology, Central Bank of Somalia, Statistics

The "Somalia - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Somalia - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
  • Having undergone almost three decades in which there was no effective management over Somalia's telecom sector, there have been considerable changes made in recent years.
  • These have mainly been in response to the government, having been newly elected in 2017, being determined to promote ICTs and to bring the country into line with international developments.
  • In addition, the poor currency conversion rate made it easy for locals to make transactions which would otherwise involve large amounts of currency.