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Research and Markets: MTN Continues to Receive the Highest Average Revenue Per User in Nigeria's Mobile Operator Space
[August 21, 2008]

Research and Markets: MTN Continues to Receive the Highest Average Revenue Per User in Nigeria's Mobile Operator Space


DUBLIN, Ireland --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/d45bee/3q08_nigeria_mobil) has announced the addition of IE Market Research Corp.'s new report "3Q08 Nigeria Mobile Forecast, 2008 - 2010" to their offering.

This Mobile Forecast on Nigeria provides over 65 operational and financial metrics for the Nigeria wireless market. We cover quarterly historical data starting in 1Q2004 and ending in 1Q2008. We also provide four-year forecasts at the operator level going out to 2010. Operators covered for Nigeria include: MTN, MTC, Nitel, and Globacom. Our Mobile Forecasts are updated quarterly and are available for one-time delivery or through regular updates.

Notable highlights of the 3Q08 Nigeria Mobile Forecast include:


- The subscriber base in Nigeria will be increasing rapidly from 2008 to 2010. The number of total subscribers will rise from our current projected 52.9 million to a forecasted 70.9 million in 2010.

- The level of wireless penetration in the country will also increase from 35.8% in 2008 to 45.4% in 2010.

- The largest operator in Nigeria will continue to be MTN whose market share in 2010 will be 43.5%. We expect the competitive environment in the Nigerian wireless market to be stable over the next few years with #2 player (MTC) and #3 player (Globacom) serving approximately 33% and 20% of total subscribers respectively.

- We forecast that MTN will receive ARPU of US$ 14.57 and will enjoy 52.8% EBITDA margin in 2010 whereas MTC will have ARPU of US$ 8.06 and 39.9% EBITDA margin.

Key Topics Covered:

Companies Covered in this Country Mobile Forecast

MTN

MTC

Nitel (Only "Number of subscribers", "Subscriber growth", "Net subscriber adds", "YoY growth", "Share of total subscribers" and "Share of net adds" are available for this operator.)

Globacom (Only "Number of subscribers", "Subscriber growth", "Net subscriber adds", "YoY growth", "Share of total subscribers" and "Share of net adds" are available for this operator.)

Charts 1-68 Results & Forecasts

Companies Mentioned:

MTN

MTC

Nitel

Globacom

For more information visit http://www.researchandmarkets.com/research/d45bee/3q08_nigeria_mobil.

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