After the launch of Main Cable One, more undersea fiber-optic projects have been rolled out in the region, including Glo 1 by Nigerian telecoms group Globacom. Similarly, several other efforts have been deployed in eastern and southern Africa in recent years.
Yet, slow connectivity and high internet costs are still major problems -- according to figures by the International Telecommunication Union, Internet-user penetration in sub-Saharan Africa was 10.6% in 2010, far behind the world average of about 30%.
"Even in the countries in which we're already in-land, broadband penetration is still under 10% rate, so there's a lot of road for growth and improvement," says Opeke.
Africa is next market that will get investor attraction in near future in many feilds, Africa is a hughe continent.
I am a little surprised that Valdor could be a supplier in Africa did not suspect it at this point. But we must se some money figure to make a big jump in the stock price. I am waiting for the Lockheed Martin test so Valdor can get a mill number that would be nice.
Valdor will make a big runup in the FTTH market if they get a contract with Manitoba Telecom to start with.
Then we see more sale to the FTTH market where a lot of money can be made.