Newly released market study: Nigeria Telecommunications Report Q3 2016

We continue to have a positive outlook for the Nigerian mobile market and the country's telecoms sector in general. This is despite an increasingly challenging economic climate which, in Q116, saw a 0. 4% contraction in real GDP - largely attributable to falling crude prices and oil production. Subscription growth in the mobile market continues to be driven by factors including operators' promotional activities, multiple SIM ownership and the extension of network coverage to underserved areas. Meanwhile broadband penetration remains very low. There continues to be significant demand for traditional voice and data services, and to a large extent this demand has remained untapped.

Full Report Details at
- http://www.fastmr.com/prod/1197533_nigeria_telecommunications.aspx?afid=301

Latest Updates And Industry Developments

Nigerian mobile subscriptions reached an impressive 150.83mn by the end of 2015, up 8.5% y-o-y, with penetration reaching 82.8%. Then in Q116, the mobile sector contracted by 1.5%, with the total customer base shrinking by 2.26mn. Airtel and Globacom continued to see positive customer growth in the first quarter of 2016. However, as in Q415, both MTN and Etisalat experienced declining customer base. The negative customer growth at MTN and Etisalat reflected efforts by those operators to enforce new rules on the definition of an active mobile customer.

We currently expect the number of 3G and 4G customers to rise to about 40.4mn by the end of 2016, equivalent to 24.9% of the mobile subscriber base, rising to 108.14mn by the end of 2020, equivalent to 54% of the market.

MTN and the government of Nigeria agreed in June that the operator will pay a fine of NGN330bn (USD1.671bn), down from the original fine of USD5.2bn, for failing to disconnect unregistered SIMs. Further reducing the burden to a manageable level for the operator, MTN will pay the fine over a period of three years.

The Nigeria Telecommunications Report features BMI Research's independent industry forecasts on the future strength of Nigeria's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.

BMI's Nigeria Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Nigeria.

Key Benefits
Benchmark BMI's independent telecoms industry forecasts for Nigeria to test other views - a key input for successful budgeting and strategic business planning in the Nigerian telecoms market.

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