Ericsson bets on fast-growing broadband demand in Africa

By Tiisetso Motsoeneng JOHANNESBURG (Reuters) – Ericsson is betting that fast-growing demand for mobile Internet services in sub-Saharan Africa will also boost sales for the world's biggest mobile telecoms equipment maker, the Swedish company's regional president said. "If you look at growth in mobile broadband penetration, it's going in the right direction. It is at about 35 percent right now and that's going to grow at 21 percent per year over the next six years," Jean-Claude Geha told Reuters in an interview.

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