The report provides a comprehensive overview of the Nigerian Telecommunications Industry including the market structure and size of the voice and data segments
The report examines the market potential for the provision of voice and data services in Nigeria
The report outlines the current market, regulatory, economic, financial and technical challenges faced by operators in the Nigerian Telecommunications Industry
The report provides an overview of current global trends in telecommunications and the likely impact on the Nigerian Telecommunications Industry
The report assesses the competitive landscape, strengths, weaknesses, opportunities and threats as well as the key success factors and major risks inherent in the Industry. A section on Financial Condition takes a detailed look at industry profitability, cash flow, leverage and financing structure.
Key findings
The growth of the Nigerian Telecommunications Industry has slowed considerably with revenues and active subscriptions stagnating as the voice segment enters maturity.
The data segment offers the Industry new growth opportunities from retail offerings of 4G broadband and Fibre-to-Home services as well as the impending arrival of 4G services on the networks of mobile operators such as MTN.
Competition remains intense within the Telecommunications Industry with the dominant player MTN losing some ground to other players such as Etisalat whilst facing regulatory challenges prior to agreeing to a reduced ₦330 billion fine.
Nigeria’s infrastructural, social and economic challenges have also contributed to the slow down witnessed in the Nigerian Telecommunications Industry in the first half of 2016 and is unlikely to reverse in the second half of year.
The major operators in the Nigerian Telecommunications Industry still generate substantial operating cash flows with the vast majority of subscribers paying in advance for services. However, a highly leveraged financing structure has a significant adverse impact on the Industry’s profitability.
