Burkina Faso is one of the African countries where it is profitable to start a business in VoIP GSM termination. Even during this difficult time, when quarantine is declared all over the world, you can start earning money. Moreover, if other businesses suffer losses at this time, GSM termination flourishes during the COVID-19 epidemy. Let's discus the termination market features in Burkina Faso in more detail.
The African country of Burkina Faso has a large population of more than 20.7 million people. Due to this, large volumes of traffic (minutes) are constantly concentrated in the country, which is one of the components of successful earnings. The more traffic you land, the higher profit you may get. During quarantine, the amount of traffic increases even more, because now people call each other more often.
How much can you earn
In Burkina Faso, the mobile communications market is actively developing, due to the poor state of fixed-line networks. There are 3 GSM operators in the country:
Mobile penetration is about 98% (more than 19.6 million connections), and the two main operators (Orange and Onatel) are constantly competing for clients. This had a positive effect on mobile communication rates. A minute of an outgoing call can cost up to $0.02, with an average rate of $0.16 per minute on Burkina Faso.
SIM cards need to be registered by law, but you can find starting plans at hawkers without presenting any documents. The cost of a SIM card is about 50 cents, while the same amount is immediately transferred to your account as a welcome bonus. That is, the costs of SIM cards are compensated, but street vendors are likely to have a mark-up on the cards.
Given the costs of cellular communication and the purchase of SIM-cards, in Burkina Faso you can earn $800 and more per channel (when working with voip gsm gateway goip for 5 hours a day).
Delivery of equipment during the COVID-19 pandemic
For traffic termination, you will need special equipment - GSM gateways, also, SIM banks can be additionally used. You can buy GoIP equipment from us at a profitable price. Many people think that international delivery does not work during quarantine, but it is not the case.
Therefore, if you want to start a business in GSM termination, it’s the prime time! You can place gateways in Burkina Faso or another country, depending on your location. Order hardware and software from us to start a profitable business during quarantine. Leave a request, and our specialists will be happy to give you an advice.