Markets
U.S. open in 30 hrs, 35 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
African Mobile Market Defies 2008 Global Downturn with 25% Growth Says New Research from Blycroft Publishing
Business Wire
New research recently released by Blycroft Publishing (
www.blycroft.com)
sees 25% growth across the African mobile market with the activation of
74 million new subscribers. The ‘Africa and Middle East Mobile Network
Operators Directory’ (
http://www.mnodirectory.com/africa_mideast.htm)
looks into this market and examines 214 networks across 193 pages of
research.
At the end of March 2008 the African mobile market stood at 296 million
subscribers. During 2008 the market grew by more than 74 million
subscribers reaching 370 million mobile subscribers as of Q408,
representing a remarkable 25% increase in the size of the market.
This 25% rate of growth can be attributed to several factors. The first
of which is the launch of 11 new networks within Bénin, Botswana, Congo
Brazzaville, Ghana, Guinea-Conakry, Kenya, Niger, Nigeria, Senegal,
Sudan and Uganda. These launches include Zain launching in Ghana and
Orange launching in both Niger and Uganda. Out of the total increase
these operations accounted for just 2.5 million subscribers, which may
have churned from other networks. 70 million other subscribers must be
attributable to another factor with the most likely factors being
economic growth and proliferation of networks within Africa.
Commenting on the results, John Summers, Editor of ‘Africa & Middle East
Telecom-Week’ (
www.ametw.com),
said: “This market has been growing in potential for years. With the
world unable to invest in the usual economic markets the global
powerhouses have been looking to the African continent. Money has been
moving into the continent with big businesses moving in and investors
realising potential gains to be had. Mobile payments have also surged
into the area due to migrant workers sending money back to family they
have left behind. At the same time African owned concerns have managed
to keep a hand in this growth and directed funds back into communication
networks, instead of foreign investors reaping all the rewards. Deep sea
cables have also been laid increasing communication traffic volumes.
Having stood so far behind Western Europe and its Middle East neighbours
the African region is now ready for its turn at economic growth.”
As of May there were 163 mobile networks live across Africa spanning
both GSM and CDMA technologies.
Across Africa this directory’s research looks at mobile markets in
Algeria, Angola, Bénin, Botswana, Burkina Faso, Burundi, Cameroon, Cape
Verde, Central African Republic, Chad, Comores, Congo Brazzaville,
Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea,
Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea-Bissau, Guinea-Conakry,
Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali,
Mauritania, Mauritius, Mayotte, Morocco, Mozambique, Namibia, Niger,
Nigeria, Réunion, Rwanda, São Tomé and Príncipe, Senegal, Seychelles,
Sierra Leone, Somalia, Somalia (Puntland), South Africa, Sudan,
Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia and Zimbabwe.
Included in this directory analysts are also presented with the
operations of the Middle East.
The ‘Africa and Middle East Mobile Networks Directory 2009’ is also
volume 1 of Blycroft’s MNO Directory 2009 (
www.mnodirectory.com).
The global directory is now in its 3rd edition and has grown in size and
quality each year. Analysts can find contact information for
approximately 1,000 senior managers within Volume 1, as well as mobile
subscriber data, market shares, ownership details and network technology
information.
About Blycroft
Blycroft Publishing is a UK based telecommunications publisher with a
focus on mobile markets. Blycroft specialises in research on the Africa
and Middle-East region and publishes a weekly research service entitled
Africa and Middle-East Telecom Week. The company has also now published
the 3
rd edition of both its MNO Directory and The MVNO
Directory. These two directories track nearly every mobile network
around the world whether the operator owns a network, buys minutes of
use or simply resells rebranded SIMs. Blycroft has a focus on the end
user and produces reliable research ready for use by its client base.
Further information can be found at
www.Blycroft.com
or the research teams can be contacted at
editor@blycroft.com.
Copyright Business Wire 2009
2009-09-17 09:30:00
COMMENTS ( 0 )