Econet Lesotho, a subsidiary of Zimbabwean billionaire Strive Masiyiwa's Econet Group, announced on February 22 that it has launched fifth-generation (5G) mobile technology in the country. This development allows the telecom operator to offer its subscribers compatible devices with enhanced features such as faster speeds and lower latency.
Following in the footsteps of Vodacom, which introduced the technology in August 2018, Econet Lesotho has become the second mobile operator in the country to deploy 5G, marking a significant step forward for Lesotho's telecommunications sector.
The commercial introduction of 5G by Econet is poised to meet the increasing demand for high-speed connectivity from its customers more effectively. This technological advancement is expected to not only attract new subscribers but also strengthen Econet's position in Lesotho's telecom market, particularly in the internet services sector.
The rollout of 5G technology is also anticipated to bolster the Lesotho government's digital transformation goals and aid in the development of the nation's technological infrastructure. It is expected to enable various modern applications including smart homes and buildings, smart cities, e-learning, e-government, e-commerce, 3D video, telemedicine, as well as virtual and augmented reality, streaming services, artificial intelligence, and the Internet of Things (IoT).
However, the widespread adoption of 5G in Lesotho could be hindered by the high costs associated with 5G-compatible smartphones. Additionally, the country faces challenges with overall internet adoption; as per DataReportal's latest statistics, Lesotho had only 1.1 million internet subscribers at the beginning of this year, equating to a penetration rate of 47%.
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...
Three nations approve feasibility progress for cross-border SGR project Railway to link cities, boost trade via Dar es Salaam Project faces...
Putin proposes Russia-Egypt grain and energy hub to boost trade Egypt seen as strategic hub for redirected Russian exports Project faces uncertainty...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
Failing to anticipate market shifts can be costly for African businesses operating in increasingly competitive and volatile environments. Yet many still...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...