Cellphones and cellular network are consumption, really.
Though 90% may be high (or they're couting phones per habitants without considering that many of us have multiple phones) the cellphone penetration rate is indeed high.
And when you think about how few landlines there used to be, it's just amazing. Or the whole point is that there were no landlines.
But we're still talking about a consumption market. And we're talking about a case in which technogical progress and the lack of infrastructure allowed us to leapfrog.
The real growth is still driven by the thousands of jobs created directly and indirectly by mining and oil. (even construction and public works depend on revenue from mining and oil)
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Cellphones and cellular network are consumption, really. Though 90% may be high (or they're couting phones per habitants without considering that many of us have multiple phones) the cellphone penetration rate is indeed high.
And when you think about how few landlines there used to be, it's just amazing. Or the whole point is that there were no landlines.
But we're still talking about a consumption market. And we're talking about a case in which technogical progress and the lack of infrastructure allowed us to leapfrog.
The real growth is still driven by the thousands of jobs created directly and indirectly by mining and oil. (even construction and public works depend on revenue from mining and oil)