Telecom

Econet Lesotho rolls out 5G technology, following Vodacom's lead

Econet Lesotho rolls out 5G technology, following Vodacom's lead
Tuesday, 27 February 2024 04:16

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%.

On the same topic
Gabon now requires users to provide verified identity details to access digital platforms. Authorities impose fines up to CFA50 million ($89,415)...
Ghana expanded its digital training program nationwide after receiving 94,000 applications in 48 hours. Authorities will deploy the program...
37 companies express interest in satellite-based internet program Initiative aims to extend connectivity to remote and underserved...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband access and reduce digital gaps Opens potential...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
03

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
04

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
05

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.