Orascom Telecom SaeOTC Markets
Sep. 3, 2013, 4:49 PM
- African mobile subscriptions (863M as of Q2) are set to expand at a 6.6% CAGR to 1.25B by 2018, according to ABI Research.
- Due to "lower comparative 3G penetration of 13.8%," 3G subscriptions are forecast to grow from 114M in 2013 to 210M in 2015. By 2018, the continent is expected to have 51.2M LTE subscriptions, up from a mere 200K in Q2 and representing a CAGR of 118%.
- Major African carriers such as Vodafone (VOD), VimpelCom (VIP), MTN Group (MTNOY.PK), Telkom SA (TLKGY.PK), Orascom (ORSTF.PK), and Maroc (MAOTF.PK) stand to benefit from the growth, which easily surpasses that seen in most developed markets.
Mar. 23, 2011, 7:15 AM
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Nov. 22, 2010, 8:27 AM