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OPEN ACCESS NETWORKS IMPACT ON MOBILE BANKING AFRICA

Olusola Teniola, COO; 14th July 2011

BRIEF OVERVIEW CORE PLAYERS NEEDED FOR MOBILE BANKING INFRASTRUCTRURE NEEDED FOR MOBILE BANKING HOW PHASE3 TELECOM WILL HELP FILL THE INFRASTRUCTURE GAP

A Brief Overview

Mobile Services have a far-reaching, positive impact on the daily lives of Nigerias mobile end users, underscoring the important role telecommunications plays in social and economic development. The mobile industry will continue to post rapid growth and has generated substantial investment in infrastructure, employing more than 5 million direct and indirect jobs in Nigeria. Mobile services are helping people access information, creating business opportunities, lowering transaction costs, and enhancing social interaction. There is also ample space to develop mobile applications in the area of financial services (MOBILE BANKING). The mobile market in Nigeria will be driven by collaboration among the market players, including equipment and handset vendors, mobile network operators, local government, banks and fiber optic network operators.

MOBILE BANKING CAN BE DEFINED AS PERFORMING BALANCE CHECKS, ACCOUNT TRANSACTIONS, PAYMENTS, CREDIT APPLICATIONS AND OTHER BANKING SERVICE THROUGH MOBILE DEVICES / PDAs

CORE PLAYERS NEEDED FOR MOBILE BANKING

CORE PLAYERS NEEDED FOR MOBILE BANKING

BANKS/FINANCIAL INSTITUTIONS MOBILE NETWORK OPERATORS (MNO) MOBILE BANKING VENDOR (MBV) OPTIONAL MOBILE BANKING CONSUMER.

BANKS MVNO

MBV

MOBILE BANKING CONSUMER

MNO

HOW PHASE3 TELECOM WILL HELP FILL THE INFRASTRUCTURE GAP

HOW PHASE3 TELECOM WILL HELP FILL THIS INFRASTRUCTURE GAP

Phase3 Telecom builds, operates & maintains an aerial fiber optic in Nigeria (for a robust IP MPLS platform) NCC project to Wire Nigeria In partnership with ECOWAS to implement the Intelcom II project Currently expanded into Republic of Benin & Togo Target countries include Niger, Ghana, Burkina Faso & Mali

HOW PHASE3 TELECOM WILL HELP FILL THIS INFRASTRUCTURE GAP

Phase3s existing infrastructure would serve as a platform for fibre connectivity Phase3 will provide connectivity to all players IP/DLC /MPLS

BENEFITS OF USING PHASE3 TELECOMS INFRASTRUCTURE

Reliability (aerial fiber) Neutrality (Open Access model) High Network Availability (fewer things go wrong) Large Bandwidth Capacity (IP & CLEAR CHANNEL) Faster Network Expansion (civil engineering) ACCESS TO GLOBAL IP BACKBONE ( submarine cables for hinterland reach)

THANK YOU
www.phase3telecom.com info@phase3telecom.com

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