2014-04-02 20:57:03 - Egypt Telecommunications Report Q1 2014 - a new market research report on companiesandmarkets.com
Following several years of double digit growth rate, Egypt´s mobile market is approaching saturation, with operators reporting slower net additions and increasing strategic moves aimed at encouraging existing subscribers to spend more and sway the subscriber mix towards postpaid connections.
While we expect the market to continue growing, our forecasts show a sharp slowdown from 2013 onwards.
Upside potential to these assumptions include the potential entrance of Telecom Egypt as a new player and the expected launch of MVNOs in the market. Nevertheless, strategies have already begun to change towards postpaid subscriptions and gaining a foothold in the enterprise market where revenues are higher and more stable.
- Mobile net additions were sharply lower than previous quarters with just 722,000 new connections.
The fixed-line market fell to 6.84mn subscriptions at the end of September 2013 as active connections continue to fluctuate from quarter to quarter. Nevertheless, our forecasts expect decline in the long-term.
- Mobile broadband subscribers continue to grow rapidly, accounting for an ever larger proportion of the overall broadband market.
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