The Future of the Telecoms market in Nigeria
Let me take a critical look at the market trends with a view of looking into the future going forward.
The Nigerian Telecoms market has performed excellently well since the introduction of mobile telephony into the space especial the GSM operators. From a Paltry 400,000 installed capacity in 1997 to a whooping 85M lines today, the market has done well beyond expectation.
What were the major drivers of the Market?
1 Available total hungry Market of over 100M subscribers yearning for Telco services which were unavailable
2 Government liberalization of the space
3 A transparent frequency licensing regime by NCC
4 A growing young and vibrant population, highly literate and highly mobile
5 A reasonable economic leverage within the population, that enabled them afford the services
6 Vibrant operators , offering mouth watering incentives in the form of mobile lottery in most instances
What are the inhibiting factors to Growth and affordability?
1 Lack of basic Infrastructure...