According to the
report analysis, ‘Kenya: Country Intelligence Report’
states that some of the major companies which are currently functioning in this
sector more significantly for acquiring the huge market share by dominating the
demand of the potential users such as Safaricom, Telkom Kenya, Airtel Kenya, Lycamobile
Kenya, Homeland Media and several others. Whereas, in 2018 the Safaricom will
hold a majority 67.8% share of the while mobile subscriptions which led by the
enlargement of the 4G/LTE network and 4G+/LTE-A network vis carrier aggregation.
Moreover, report stated the expectation of rising competition to intensify
further as all the operators are aiming on LTE expansion with a focus on mobile
data services.
The telecommunication
sector frequently effect the GDP of the respective economy and recent and
advanced developments in this sector totally transform the look and
infrastructure of the region more significantly. Whereas, in Kenya the telecom
service revenue growth in Kenya over 2018-2023 will be operated by mobile data
and fixed broadband sectors. Not only
has this, the key players of this region in this sector is playing a
significant role by serving effective plans for the voice calling and usage of
internet. In addition, the mobile voice will remain the highest revenue
contributor till 2020, while the mobile data revenue will take over from 2021
operated by rising number of active mobile data users and rising consumer
requirement for data-heavy mobile services such as OTT and social media. The
government of this sector is also playing an effective role by doing potential
investment in the research and development programs related to this.
Furthermore, the government will focus on improvement of national fiber
backbone while mobile operators will focus on serving data centric facilities
and LTE network expansions. With the effective working of the key players and
the government the sector of telecommunication in the country will grow more
significantly in the coming years with the adoption of new facilities and
offers by the users.
The key players of
this market in Kenya is leading the effective growth more actively with the
efficient working in the expansion of networks while, many of the key players
are benefitted with the mergers and acquisition which further advantageous for
acquiring the huge market share. Whereas, the overall telecom service revenue in
Kenya will rise at a CAGR of 7% during 2018-2023 mobile revenue will register
for 91.7% of the total telecom revenue in 2023, operated by rising adoption of
mobile broadband and 4G facilities. Moreover, the 4G subscription will rise at
the highest rate during 2018-202, led by ongoing 4G network enlargements by
MNOs like Telkom Kenya.
The active working of
the key players and government results the competitive nature in the market,
the investor are effectively invested in the market for the significant benefits
of the market in the Kenya. Therefore, it is expected that the
telecommunication market of Kenya will grow more actively in the coming years
over the decades with the effective investment of the new entrants.
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