Digitisation – migration from analogue to digital technology – will help to bridge the digital divide between emerging markets and developed economies, according to global financial services firm, KPMG.
KPMG stressed that as digitisation impacts the telecommunication and broadcasting sectors, enabling growth in both, it would also cause a ripple effect on growth in other sectors.
“In fact, it is estimated that digitisation will bring about a further drop in telecommunications carriage fees, and drive growth in ARPUs (average revenue per users), thereby increasing profitability and allowing content producers to focus on better material,” says Joseph Tegbe, Partner in Management Consulting Advisory, West Africa Lead – Technology, Media and Telecommunications at KPMG Nigeria. Read more