Nigeria’s telecom sector has emerged as the largest telecom industry in the African continent. Projects by the government and private telecom players have resulted in several technological developments during the past few years. Nigeria’s telecom regulator, NCC, launched a 3G mobile license tender in 2006 and allocated portions of the 3G bandwidth spectrum to four applicants of the total seventeen respondents.
Still, the government is aiming to put all the telecom operators on board so as to find a way to accelerate the acceptance of 3G technology.
A report released by RNCOS, a global market research and information analysis company, entitled “Nigeria Telecom Sector Analysis” has identified that 3G will initially attract only high-end consumers that contribute only a little over 1% of the total population. The 3G technology will also be able to attract those customers, who require high-quality mobile communication services and are in a position to pay extra cost. However, the coming few years will see significant developments in the Nigerian 3G market as all these operators will strive hard to attract more customers to their 3G base.
RNCOS’ report has segmented the telecom market into mobile telephone market, fixed line market, Internet services market, and broadband market. For each segment covered in the report, detail statistics and trends prevailing in the segment has been provided. Most importantly, the report also includes detail description of regulations that have been driving the growth of the telecom industry and the potential growth areas, which will further boost the growth of the telecom industry.
“Nigeria Telecom Sector Analysis” also provides information of the key competitors in the market along with their business information and areas of expertise. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry along with emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get in-depth knowledge of the current, past, and future performance of the concerned industry. The report provides an extensive research on the recent trends of the Nigerian Telecom industry along with impartial analysis considering the impact of financial crisis on its performance.