NIGERIAN TELECOMS REMAINS ONE OF MOST ATTRACTIVE MARKETS IN THE MIDDLE EAST AND AFRICA
-By Oriade Ayomide
Pyramid Research has said Nigeria remains one of the most attractive markets in the Middle East and Africa, due to fast pace of growth in the nation’s telecoms sector and its population of over 170 million people.
Pyramid in a report on the five-year outlook for the nation’s telecoms sector commended the NCC for creating a more level playing field, saying the NCC was a key factor in engendering and sustaining the growth potential by placing emphasis on quality of service and fining operators that fail to meet Key Performance Indicators (KPIs).
“Operators are investing billions of dollars to improve their services and to reach the underserved regions of the country. Industry is benefiting handsomely from these investments, with mobile revenues increasing at a rate of 4.5 per cent in local currency terms between 2012 and 2017,” Pyramid Research said.