Nigeria : Mobile Data Keeps Overall Market Growing Strong Report Share

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‘Nigeria: Regulator’s Nullification of 14 Licenses Hits Fixed Sector; Mobile Data Keeps Overall Market Growing Strong,’ a new Country Intelligence Report by Pyramid Research, offers a precise, incisive profile of Nigeria’s mobile, fixed and media telecommunications markets based on comprehensive proprietary data and insights from our research in the Nigerian market. Published annually, this presentation-quality, executive-level report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony and broadband, mobile sectors, in addition to a review of key regulatory trends.

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Key Findings

In 2014, the Nigerian telecom industry generated $9.8bn in service revenue or 1.7% of GDP, a 6.8% increase over 2013. In 2014, the mobile voice segment was the largest revenue contributor with $7.3bn ($219m more revenue in 2014 than in 2013). Mobile data and pay-TV will grow at CAGRs of 16.0% and 5.2%, respectively, over the 2014-19 period to reach $3.8bn and $647m.

The top two operators, MTN Nigeria and Airtel Nigeria, which provide fixed-line, mobile and Internet services, accounted for 68.0% of overall service revenue in 2014. Both operators are investing in 3G and fiber networks to cater to the increasing demand for data and pay-TV services.

Adoption of 3G technologies is at 15.9% of the mobile subscription base in 2014; we project this will increase to 32.6% by year-end 2019, owing to increased focus on 3G by MTN Nigeria, Globacom and Airtel Nigeria.

LTE subscriptions...