Ghana: The launch of 4G and Expansion of Fiber Network Ghana The launch of 4G and Expansion of Fiber Netw | Seite 2

Ghana Telecom Services Industry (4G and Expansion of Fiber Network) to
Grow at 5.4% CAGR to 2021
Ghana is estimated to grow at a CAGR of 5.4% during 2016-2021, primarily driven by growth in mobile data
revenue. Mobile voice will be the largest revenue-contributing segment until 2019. Mobile data will be the
fastest-growing segment in the telecom market and is estimated to grow at a CAGR of 16.3% during 2016-
2021, primarily driven by operators' investments in 3G and 4G network coverage and attractive data
bundles offered by telcos. Going forward, operators look to invest in 3G/4G network upgradation, extend
coverage and fiber-optic network deployments to improve and extend broadband connectivity in the
country, which will provide significant opportunities for vendors and investors.
Key Findings
The overall telecom service revenue in Ghana will grow at a CAGR of 5.4% during 2016-2021, mainly driven
by growth in the mobile data segment.
Mobile revenue will account for 97.0% of the total telecom revenue in 2021; mobile data will be the fastest
growing segment and will grow at a CAGR of 16.3% over the forecast period 2016-2021.
2G will be the most adopted mobile technology through 2021. However, its share in overall mobile
subscriber base will decline over the forecast period 2016-2021, owing to rising adoption of 3G and 4G
services over the coming years.
The top two operators, MTN Ghana and Vodafone Ghana, will account for 76.7% share of overall service
revenue in 2016, owing to strong 3G and 4G network coverage. We expect competition to intensify further
as operators focus on competitive pricing plans and service innovation to further increase their market
share.
Complete report available at http://www.marketreportsonline.com/567940.html