Tunisia's telecom market is poised to be one of the fastest-growing markets in the Middle East & Africa region with total telecom revenue estimated to grow at a CAGR of 5.4% over the next five years, reaching US$2.2 billion in 2014, according to a latest report.
The 24-page report from Pyramid Research, the telecom research arm of the Light Reading Communications Network, provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors technologies such as WiMax, IPTV, and VoIP.
It provides a comprehensive view of the communications market by analysing key trends, evaluating near-term opportunities and assessing upcoming risks factors.
Even though Tunisia's mobile and fixed penetration were among the highest in the region in 2008 (82.1% and 11.5%, respectively), the low broadband penetration rate of 2.2% indicates there is still room for growth, observes Sylwia Boguszewska, author of the report.
“To stimulate competition, the government launched a tender for a fixed-line services license so as to promote broadband Internet access and prop up mobile telephony services,” says Boguszewska. “The process of a tender for a technology-neutral license for a mobile and fixed operator was started in May 2009, and a new player is expected to enter the market in 2010,” she adds.
This, plus the sale of another stake in Tunisie Telecom, will have a positive effect on market competiveness and liberalisation.”
“Although the market will contract in 2009, it will bounce back with broadband being the fastest growing among other significant market segments,” explains Boguszewska. Broadband services will be a considerable source of growth over the next five years, with a CAGR of 15.1% between 2009 and 2014, producing estimated revenue of US$174 million in 2014, up from US$81 million in 2008.
“This growth will over compensate for the decline in narrowband Internet services, which will only generate revenue of US$4 million in 2014,” concludes Boguszewska.
The report – Communications Markets in Tunisia – is part of Pyramid Research's Europe Country Intelligence Report Series.