Telco sees potential for growth

By DALE LUMA
A MORE mobile phone-connected PNG will facilitate better communication and trade with its Pacific island neighbours thus strengthening collaboration and partnerships, Vodafone regional chief executive officer Pradeep Lal says.
He said PNG had low-market penetration with 37 per cent mobile phone and 20 per cent internet penetration.
Around one million customers are actively using social media.

“We (Vodafone PNG) believe that given the low-market penetration levels in PNG, the rate of rapid change and increased reliance on digitalisation and connectivity, telecommunications will remain an important industry for at least the next 100 years and one that will have a long-lasting and transformational legacy,” Lal said.
“This is one industry that has the potential to significantly transform lives.
“We believe we can share new ideas and proven business models as the foundation for economic growth, prosperity, job creation, better reach and affordability, the best in service and customer experience, especially when it comes to connecting people.
“And through building synergies, our investment in PNG will further expand and benefit other sectors such as education, health, commerce, infrastructure and help with progressing financial inclusion, ecommerce and economic inclusion.”

He said the company’s expansion and success in the Pacific was driven by “our vision to make a meaningful contribution, aimed at empowering people, and improving and enriching their lives”.
“We recognise that PNG is the jewel in the crown of the Pacific and with this investment, we envision a more connected PNG.
“In such markets, improved access to internet is closely linked to growth in the small business sector, entrepreneurship, poverty reduction, and improvements in standards of living, ultimately contributing to the increase in the country’s gross domestic product (GDP). No doubt, we will see the same here in PNG.”