There are more than 3 billion people around the world who are not privileged enough to access such communications that are not only reliable but also cost-effective. Although people have started adopting mobile phones and internet has approached the African continent but still, the challenge of 3g mobile data connectivity remains a challenge.
As per the latest statistical data provided by the GSMA, there are only 44% mobile subscribers in sub-Saharan Africa. However, APAC claims they have penetrated around 67% into sub-Saharan Africa and has around 2.7 billion unique mobile subscribers.Â
This gap between the two, makes the Sky and Space Global Limited (ASX:SAS) believe that they can make a difference.
This week, at the Africa.com event in Cape Town, the company got an opportunity to demonstrate in front of 14,000 attendees about its nano-satellite-based communication services. The nano-satellite-based communication service combines both instant messaging as well as the voice calls. It was a successful demonstration of the technology. Also, a lot of effort was put by the company so that look for their potential clients and simultaneously build a relationship with them. In this way they also increased the number of contracts that were signed earlier. The company also promising to look towards the likes of the mobile payment startup beep tools and also the telco satellite space.
The company had launched 3 diamonds nano-satellite last year in the month of June. Through Narrowband communication offered by the Nano-satellite, it will be used for voice calls, messages, and data for applications.
At present Sky and Space is about to launch its upcoming nano-satellites Pearls by the early next year. This satellite will help in delivering reliable and cost-effective communication. It will provide the service providers of Africa to get connected to the underserved, rural and remote regions.
As per the company, the technology they are using is the right solution and it will have the potential to reach the low-covered regions, especially in the equatorial belt as the existing network is very rare. These regions remained an area of low interest to the service providers to develop global mobile infrastructure. They even find difficult to make any investment to invest in the traditional satellite connectivity.
By using the Sky and Spaceâs constellation of nano-satellites, the benefit will not be limited to the customers who will enjoy more accurate, reliable coverage, with minimal infrastructure rollout, but will also benefit the local service providers in increasing the customer base. The CEO of Sky and Space states that the company has the potential to provide any type of narrow band connectivity service.
He is also positive that other businesses will also be benefitted through the cost-efficient connectivity across the rural and remote regions will improve the return on investment of the smart energy as well as the agricultural projects. This will also enable to track the fleet through accuracy, ocean cargoes, and other logistic resources as well.
Apart of Africa, the company has signed the MoU agreements with Inovsat Telecom and AltaRede Corporation which provides the internet and communication in Brazil. The company has also managed to secure its agreement with the Eastern Caribbean States (OECS) who deals in China and Indonesia.
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