Eritrea - Telecoms, Mobile and Broadband - Market Insights and Statistics
Eritrea remaining the least developed telecoms market in AfricaThis report provides a comprehensive overview of trends and developments in Eritrea's telecommunications market.
Subjects covered include:
Market and industry overviews;
Government policies affecting the telecoms industry;
Market liberalisation and regulatory issues;
Telecoms operators privatisation, acquisitions, new licences;
Major players (fixed, mobile and broadband);
Internet and broadband development and growth;
Convergence (voice/data, fixed/wireless/mobile);
Mobile voice and data markets.
Under a state-owned monopoly on fixed and mobile services, Eritrea is the least developed telecommunications market in Africa with a mobile penetration of only around 6% in early 2014. Only the Internet Service Provider (ISP) sector is open to competition. Growth in the mobile and internet sector is showing some promise as the national telco, the Eritrean Telecommunication Services Corporation (EriTel) rolls out a third generation (3G) mobile network, but more investment in telecom infrastructure is needed. As an initial step, Eritreans were given the opportunity to buy shares in EriTel for the first time in 2013.
Foreign investment and the introduction of more competition would transform this virtually untapped market. Eritrea was ranked first among the Top Five African markets for ICT investment in 2012. The country's economy is poised for a boom from mining which was recently opened to foreign participation, offering attractive incentives to investors.
The market with the highest growth potential in Africa;
Privatisation of EriTel seen as first step towards market liberalisation;
More investment in telecom infrastructure is needed;
Emerging mining sector set to boost local economy.
Estimated market penetration rates in Eritrea's telecoms sector end-2014
Market | Penetration rate
Mobile | 6%
Fixed | 1%
Internet | 1%
(Source: BuddeComm based on various sources)
Companies covered in this report:
Eritrean Telecommunication Services Corporation (EriTel)
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook