Summary

• Affordable mobile phone access has caused a quantum leap for the world’s poor
• From 2005 to 2010, cell phone use tripled in the developing world to 4 billion subscriptions
• In Kenya, mobile phone banking services are used to make $1 billion transactions a month
• Economist: “The cell phone is the single most transformative technology for development”

Full story

http://edition.cnn.com/2011/10/09/tech/mobile/mobile-phone-poverty/index.html