DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/0e8b87/egypt_telecommunic) has announced the addition of the "Egypt Telecommunications Report Q2 2011" report to their offering.
Business Monitor International's Egypt Telecommunications Report provides industry professionals and strategists with independent forecasts and competitive intelligence on Egypt's telecommunications industry.
BMI's Q211 update on Egypt's telecommunications market contains YE10 operational and financial data published by the leading network operators and the country's telecoms regulator. Since the last update, new data have been published by both Mobinil (jointly owned by France's Orange and Egypt's Orascom Telecom), and Vodafone Egypt (part of the UK's Vodafone Group) that depict the size of their respective mobile businesses at the end of December 2010.
The Ministry of Communications and Information Technology (MCIT) has also published latest market data relating to end of December 2010. According to figures published by the regulator, there were 70.661mn subscribers in Egypt at the end of December 2010. This represents market penetration of 83.6% and growth of more than 27% over December 2009 mobile subscriber figures.
In view of the strong growth in 2010, BMI has revised its forecasts for the development of the Egyptian mobile market. BMI expects mobile penetration rates will exceed 100% by the end of 2012. The report also expects future mobile growth to be supported by operators tapping into new growth markets, particularly rural markets. There is reason to believe that 3G service uptake in Egypt is faster than previously anticipated. Therefore, BMI has revised upwards the 3G forecast and now envisage that 3G subscribers will account for more than 15% of total mobile subscriptions by 2015.
While Egypt's fixed voice connections suffered negative growth in 2010, the internet sector saw significant progress with the MCIT reporting that 22.831mn people used the internet in Egypt as of December 2010. Fixed-line incumbent Telecom Egypt also recorded impressive growth of its ADSL subscriber base in 2010. With the government looking to award licences for triple-play services, this report expects the rate of decline of fixed voice service to decrease in the latter part of the forecast period and the rate of uptake of fixed broadband services to accelerate during the same period.
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