Telecommunications Market Service Revenues In Equitorial Guinea Said To Have Reached $84 Million In 2016

A newly launched research publication titled, “Equatorial Guinea: Expansion of 3G Services and Investments in Fiber to Fuel Growth” has been announced by Ken Research. The research publication aims to provide an overview of the telecommunications industry in Equatorial Guinea and it includes detailed forecasts of key telecommunications indicators up to the year 2021.

The publication also offers detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband and mobile sectors, as well as a review of key regulatory trends in Equitorial Guinea.

Some of the key developments of Equitorial Guinea's telecommunications industry covered in the publication are:

  • In 2012, the government of Equatorial Guinea had launched the first telecommunications infrastructure company, GITGE (Management and Maintenance of Telecommunication Infrastructures organization in Equatorial Guinea) for optimization of the national telecommunications service with the installation of fiber optics linking the capital city of Malabo and Bata.

  • The Equatorial Guinea telecom market had been dominated by Getesa-Orange and the operators were thereby focused on ameliorating mobile services and deployment of a countrywide fiber-optic network.

  • In 2016, the telecommunications market in Equatorial Guinea recorded USD 84 million in service revenue and the operators were focused on modernizing existing networks and launching new service offerings, such as value-added services, to ultimately augment the revenue.

  • The telecom services revenue in Equatorial Guinea is further projected to grow at a CAGR of 9.5% during 2016-2021, due to reasons like growth in mobile data and fiber broadband wherein mobile revenue is forecasted to account for 74% of the total telecom revenue in 2021.

  • Mobile data is expected to be the fastest-growing segment in the telecom market and in the coming years, government is seen emphasizing on upgradation of the networks, the rollout of fiber connections and increasing investments in 3G technologies eventually generating more opportunities for investors.

Assumptions and drivers behind ongoing and upcoming trends in Equatorial Guinea’s mobile communications, fixed telephony and broadband markets, including the evolution of service provider market shares are also covered in the research publication by Ken Research.

You can download the research publication titled "Equatorial Guinea: Expansion of 3G Services and Investments in Fiber to Fuel Growth" by Ken Research here.

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