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%.
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
Seaturns launches 2 MW wave energy pilot in Mauritius Project tests grid-connected technology with potential expansion to 10 MW Initiative reflects...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
Rules set technical requirements and ensure fair competition in market Reform targets safer infrastructure and consumer protection in construction...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...