NIGERIAN MOBILE MARKET SET TO GROW TO OVER 32M SUBSCRIBERS, SAYS BMI-T
According to ICT market research analyst, BMI-TechKnowledge (BMI-T), Nigeria is set to become one of the major mobile cellular markets in Africa, as the country's gross mobile subscriber base grew from 2,8m in 2003 to 8,6m by the end of 2004, and is expected to reach over 23m subscribers by the year 2007.
The latest assessment of the Nigerian telecommunications opportunity has been covered in the BMI-T publication entitled 'The Nigerian Telecommunications Market 2005'.
Richard Hurst, analyst and author of the report, says that, as at the end of 2004 the Nigerian mobile market had achieved less than a third of its ultimate, and yet almost untapped, potential.
"The GSM mobile market is expected to continue an aggressive growth path, with a gross subscriber base of 32m by the end of 2009 being regarded as reasonable, if not conservative," the report says.
In addition 'The Nigerian Telecommunications Market 2005' highlights the fact that the fixed line and fixed wireless sector of the market is expected to maintain a steady growth, with the arrival of competition in the form of the Fixed Wireless Access (FWA) operators and the Second National Operator, Globacom, while additional opportunities exist in the data and wholesale provisioning market, Internet access and all types of value-added services.