Industry Updates

'SAMENA Daily' - News

Africa’s mobile subscriptions revenue to hit US$ 70 billion by 2021

According to a latest research, the current number of mobile subscriptions in Africa at end of second quarter of 2016 is 962.29 million, based on an increase of 9.91 percent over the year to end-2014 and by 7.63 percent over the year to end-2015.

According to a latest research, the current number of mobile subscriptions in Africa at end of second quarter of 2016 is 962.29 million, based on an increase of 9.91 percent over the year to end-2014 and by 7.63 percent over the year to end-2015.

This puts the average rate of mobile penetration in Africa at 80.73 percent at end-2Q16, said Ovum, an online research group.

The outlook shows that Nigeria has the largest mobile market in Africa in terms of subscriptions, with 150.22 million mobile subscriptions at end-2Q 2016, up from 147.94 million a year earlier followed by Egypt, South Africa, Algeria, and Morocco.

Though coming down from a peak of 62.81 million at end-2Q15, largely as a result of disconnections made to comply with SIM registration requirements, MTN Nigeria is the largest operator both in Nigeria and on the continent with 58.98 million subscriptions at end-2Q16.

The mobile network operators followed by Ethiopia’s EthioTelecom (45.99m), Vodafone Egypt(39.04m) and Vodacom South Africa (37.63m). Others are GlobacomNigeria, Orange Egypt and Airtel Nigeria.

The research added that by the end of 2021, mobile subscriptions on the continent would have reached the 1.33 billion mark of which 3G connections will account for 64.9 percent and LTE for 11.8percent.

This will create a total mobile revenue rise from $55.55billion in 2015 to $69.67bn in 2021 at a CAGR of 3.8 percent, though mobile voice revenue on the continent will decline from $43.26billion in 2015 to $36.37billion in 2021.



Source: http://nationalmirroronline.net/new/africas-mobile-subscriptions-revenue-to-hit-70bn-by-2021/

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