New Fixed Networks research report from Business Monitor International is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 01/19/2013 -- BMI View: We expect strong subscriber growth in Nigeria's mobile market to continue over the medium term, driven by network expansion to previously underserved areas and operators' promotional activities. However, the broadband market, which is currently held back by the lack of backhaul networks, is expected to outperform other sectors in the sector as growing demand and supportive government policy attract much needed investment into the sector.
- The mobile market grew 3.4% in Q212 to bring total growth in H112 to 7%.
- Market weighted average blended ARPU fell by 2.3% in Q212.
- The fixed-line sector contracted by 14.1% in Q212 to bring total decline in H112 to 28.4%.
Nigeria is ranked second on BMI's Q412 Risk/Reward ratings (RRR) table for Sub-Saharan Africa. Nigeria scores above the regional average in all four categories of our ratings, although a high rate of unemployment, weak social infrastructure and relatively low GDP per capita contribute to a weak Country Rewards score. Nigeria's population and rapid subscriber growth contribute to a high score the Industry Rewards category but this is counterbalanced by a weak subscriber mix and declining ARPUs.
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