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Finnish ICT firms in Nairobi to scout for deals

BUSINESS
By Moses Michira | May 18th 2016

A group of technology firms from Finland are in Kenya seeking new opportunities among potential partners in the ICT industry.

Finpro, a State-owned firm, has sponsored the visiting delegation of professionals in the communications industry for a three-day meeting where they hope to get a slice of the evolving Kenyan telco market.

Expansion of mobile network technology in Kenya is opening new international business opportunities in the local telecom industry.

“Finland is currently at the global forefront in developing 5G network technology through its open 5G-test environment that enables businesses to develop and test new technologies and business models,” says Kimmo Aura, a program director at Finpro.

Finnish telecom companies have a long history in mobile innovations including Nokia, and are looking to utilise their expertise and be part of the quickly evolving Kenyan telecom market. After the success of Nokia, Finnish telecom businesses have introduced a number of new technologies and digital services to the global market and are now testing the 5G network.

“But in addition to its strong focus on future technology, Finland has a vast pool of expertise in existing network technology. The country has a high adoption rate of mobile data, as mobile data subscriptions exceed 100 per cent,” Mr Aura added. Finnish know-how can offer plenty of benefits for the Kenyan market, said Aura, where the 4G network is now being developed to complement and supplant existing network technologies.

“Data consumption means important business opportunities for mobile operators in Kenya, as advanced data-transfer capabilities enable consumers to utilise their devices in all-new ways,”Mr Aura said.

“It also calls for new business models. Finnish companies on the other hand are looking to expand and also contribute to the progress of a quickly evolving market.”

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