According to the report analysis, ‘Guinea: Country Intelligence Report’ states that the total telecom service revenue in Guinea
will reach USD 461 million in 2018, an increase of 3.0% from 2017, which is due
to growth in mobile data services, driven by increasing smartphone adoption.
The telecom of Guinea involves television, radio, mobile radio and the
internet. However, the radio is the most prominent source of information for
the population of Guinea, and the only one telecommunication technology which
is reaching to the entire country. Moreover, there are no government
restrictions on processing to the Internet that the government monitors e-mail or
internet chat rooms without judicial mistake. Whereas, the fixed voice and
fixed broadband earning will decline during 2018-2023, due to replacement from
fixed services to mobile and OTT-based communications, as well as due to the
weakening currency. Not only has this, the telecommunication companies of
Guinea economy is doing efficient working for dominating the handsome amount of
share in this industry in the coming years.
Fixed broadband, fiber, prepaid and postpaid connections, 3G and 4G internets
in Guinea are some of the major products in the Guinea telecommunication
market. However, 2G will remain the leading mobile technology until year-end
2019, when 3G will overtake 2G. The Guinea is connected to the undersea fiber
optic cable off the West African coast and internet speed and reliability has
developed and Guinea’s internet speeds are poised to continue developing as
more service supplier roll out fiber optic based data service. In the recent
trend, some of the service providers now serving fiber optics based service
which reflects a wide advancement. With the significant development in the
technology of 4G networks most of the segment of Guinea has become more active
and efficient with their functioning as the radio was succeeded to cover the
major portion of the economy. Mobile smartphones and apps deployed to tackle
Ebola, Cellcom Guinea launches 3G+ services are the key developments in the
Guinea economy.
Effective development in the telecommunication segment of Guinea will
lead to wide investment and greeting new opportunities for both such as
consumers and key players. Moreover, with the significant development in the
technology of telecommunication, the mobile data will be fastest growing
revenue sector, expanding at a CAGR of 10.6% through 2018-2023 to achieve USD
145 million by the years-end of 2023. This is operating by rising smartphone
adoption, gaining 3G subscription and the expected to launch of 4G services in
the economy during 2019. Moreover, the huge deployment of the fiber-optic
national broadband backbone will serve numerous opportunities for
infrastructure vendors, and the introduction of 4G facilities in 2019 will
serve opportunities for operators and investors likely.
MTN Guinea, Orange Guinea, Cellcom, Intercel and others are the major key
players of telecom services in the Guinea whereas MTN Guinea is doing efficient
role in the in this market and make the market more competitive and attractive
which significantly attract the numerous investors which who are supporting the
market financially. Therefore, it is expected that in the coming years the
Guinea telecom market will grow more significantly over the decades with the
more development in the technology of telecom.
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