Nigeria tops Africa mobile market

Nigeria tops Africa mobile market

AMSTERDAM – Nigeria may become Africa’s largest mobile communications market by the end of this year, pipping South Africa’s forecast 43 million mobile subscribers, a survey showed on Friday.

Based on growth over the past nine months, Nigeria’s net addition of mobile phone services subscribers is estimated to be more than 11 million in 2006. Another 13 million are expected this year, market research group Pyramid said in a study.”As early as 2007, Nigeria is set to become Africa’s largest mobile market, with a forecast 43 million subscribers, exactly on par with the forecast 43 million of South Africa at the same time,” Pyramid said.Nigeria, Africa’s most populous country with around 140 million citizens out of a total 900 million for the continent, will pull away in the following years, and by 2011 it is forecast to have 76 million mobile phone subscribers, which would be one in four of all African mobile subscribers.Globally, there are currently over 2,7 billion mobile phone subscribers and that number is forecast to reach 3,1 billion by the end of 2007, according to market research group Wireless Intelligence.Algeria will remain Africa’s No.3 mobile market in the period to 2011, but Egypt is set to have overtaken Morocco as No.4 by 2011, Pyramid expects.Meanwhile, Africa’s number three mobile phone operator, Celtel, will inject an additional US$1,4 billion into its Nigerian unit this year, the company said yesterday.The new investment will enable Celtel, owned by Kuwait’s Mobile Telecommunications Company, to expand the Nigerian business which it acquired about eight months ago.Nampa-ReutersAnother 13 million are expected this year, market research group Pyramid said in a study.”As early as 2007, Nigeria is set to become Africa’s largest mobile market, with a forecast 43 million subscribers, exactly on par with the forecast 43 million of South Africa at the same time,” Pyramid said.Nigeria, Africa’s most populous country with around 140 million citizens out of a total 900 million for the continent, will pull away in the following years, and by 2011 it is forecast to have 76 million mobile phone subscribers, which would be one in four of all African mobile subscribers.Globally, there are currently over 2,7 billion mobile phone subscribers and that number is forecast to reach 3,1 billion by the end of 2007, according to market research group Wireless Intelligence.Algeria will remain Africa’s No.3 mobile market in the period to 2011, but Egypt is set to have overtaken Morocco as No.4 by 2011, Pyramid expects.Meanwhile, Africa’s number three mobile phone operator, Celtel, will inject an additional US$1,4 billion into its Nigerian unit this year, the company said yesterday.The new investment will enable Celtel, owned by Kuwait’s Mobile Telecommunications Company, to expand the Nigerian business which it acquired about eight months ago.Nampa-Reuters

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