Only in the most developed countries, as places like Bolivia are still hanging on to 2G. You just don't hear about those places because of that demographics problem, so people assume 4G/5G are all that's out there.
Only in the most developed countries, as places like Bolivia are still hanging on to 2G. You just don't hear about those places because of that demographics problem, so people assume 4G/5G are all that's out there.
Wikipedia tells me that Bolivia has a GDP (PPP) of $89.018 billion, and there are a bunch of countries like Bolivia.
For all that people sometimes go on about untapped market potential in poor countries, it really isn't that easy when >90% of the population lives on less than 350 USD/month.
Sauce: spent the first 1/4 of century of my life living in a third world shithole.
On the other hand, Coca-Cola has a presence in Bolivia, and apparently controls about 60% of the Bolivian market.
With 11 million people, that's gotta be a nice piece of change.
If what you're selling is closer in price to a Coke than a Lambo, you probably shouldn't write Bolivia off.
If what you're selling is BOTH:
a) closer in price to a Coke than a Lambo
and
b) closer in demand to a Coke than a Lambo
Then, sure, you shouldn't write it off.
However, if you're selling stock-trading software, even for the price of a coke, you might not make enough money back to justify supporting Bolivia.
Cokes, even in poor countries, are still purchased by tens of millions of people at least once a month. Selling a similarly priced item that may be purchased by a few hundred people at most is not the same thing as Coke.