Kuwait Telecommunications Report Q4 2014: New research report available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Sep 09 2014

The Kuwaiti telecoms market remains one of the most attractive in MENA, with high incomes supporting demand for high value services in both the wireless and wireline markets. However, there is downside, with high penetration rates precluding rapid subscription growth, and a government c lamp down on expatriate workers in 2013, with plans to cut its 1.8mn expatriates by 100,000 annually over the next decade , could father dampen this growth avenue for operators . This poses a downside risk to our subscriptions growth outlook on the back of a higher negative net migration rate. In view of this development, we reiterate our view that Kuwaiti telecoms services providers, particularly the country's three mobile operators, must diversify their services portfolios and, consequently, revenue streams to offset the expected decline in revenues from traditional services on the back of market saturation and intense competition.

Key Data

* Despite high penetration the mobile market continues to report robust subscription growth. Total subscription increased 14% y-o-y to 7.25mn at the end of June 2014.
* Monthly blended ARPU declined to KWD7.8 (USD27.6) in 2013, down from KWD9.7 a year earlier, and operator data for H114 indicates a continued dynamic of price erosion as Zain and Ooredoo respond the disruptive influence of VIVA.
* The broadband market holds significant growth capacity, with penetration remaining low considering income levels in Kuwait and in a regional context. BMI estimates a total of 697,000 subscriptions at YE13, equal to penetration of 20.7%.

Full Report Details at
- http://www.fastmr.com/prod/872633_kuwait_telecommunications_report_q4_2014.aspx?afid=301

Key Trends And Developments

As operators face price erosion in Kuwait due to operator competition and a prospective decline in traditional voice and SMS services they are exploring other revenue channels to strengthen financial performance. One area BMI believes is fertile ground is the mobile payment space, a trend that is beginning to gain traction in both developed and emerging...

The Kuwait Telecommunications Report features Business Monitor International (BMI)'s independent industry forecasts on the future strength of Kuwait'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 Kuwait 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 Kuwait.

Key Benefits

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- China Telecommunications Report Q4 2014
- Peru Telecommunications Report Q4 2014
- Greece Telecommunications Report Q4 2014
- Malaysia Telecommunications Report Q4 2014
- Central America Telecommunications Report Q4 2014

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »