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In a typical developing country, an increase of 10 mobile phones per 100 people boosts GDP growth by 0.6 percentage points.

[Source]

About the author:

Iqbal Mohammed is Head of Innovation & Strategy at a digital innovation agency serving the DACH and wider European markets. He is the winner of the WPP Atticus Award for Best Original Published Writing in Marketing & Communication.
You can reach him via email.