Middle East Mobile Operators Will Be 5G Early Adopters, According to New GSMA Report
The GSMA today published a new report, titled The Mobile Economy: Middle East and North Africa 2017 , highlighting that operators in the Middle East and North African (MENA) region1 will be amongst the first in the world to launch commercial 5G networks. The new study, which was published at the GSMA Mobile 360 Series – MENA conference in Dubai, forecasts that there will be more than 50 million 5G connections across the MENA region by 2025, with 5G networks covering approximately 30 per cent of the region’s population by that point. The report also highlights how mobile broadband (3G/4G) networks account for about half of total mobile connections in the MENA region today and are forecast to increase to 70 per cent of the total by the end of the decade2.
“With rising mobile broadband adoption, growing subscriber numbers and increasing smartphone use, mobile is having an incredible impact across this diverse region, ushering in an era of innovative tech startups and new mobile services, as well as helping to connect the unconnected,” said Mats Granryd, Director General, GSMA. “At the same time, we urge operators to continue investment in 4G networks to ensure future growth and encourage governments to set policies that promote technological, social and economic progress to create a society where all citizens can benefit from mobile technology.”
Fast 5G Adoption
The Gulf Cooperation Council (GCC) states3 will be amongst the first in the world to launch commercial 5G networks. High 4G adoption rates and government support is helping leading operators to challenge both North American and Asian operators in driving 5G development. Both Etisalat and Ooredoo are already undertaking live 5G trials on speed, equipment, latency and beam steering, with commercial launches expected in 2020. The early launches are expected to be based on 3GPP Release 15 and be deployed in dense urban areas as mobile operators look to offer increased performance and supplement existing mobile broadband capacity. Further enhancements will be made with 3GPP Release 16, including the development of massive IoT and critical communication services.
Smartphone Adoption, Subscriber And Revenue Growth
There were 365 million unique subscribers4 across the region at the end of 2016, accounting for 63 per cent of the population, which is expected to rise to 399 million or 65 per cent by 2020. However, subscriber growth continues to trail the global average due to the diversity of the region, with the more advanced markets approaching saturation and the less developed markets facing the challenge of growing penetration. As a result, subscriber penetration will reach only 65 per cent by 2020, below the global average of 72 per cent. Smartphone adoption is expected to increase to an estimated 463 million by 2020, representing growth of 167 million from the end of 2016.
A Diverse Regional Landscape
The report highlights that there are significant variations in mobile market maturity between the different countries across the region. In the GCC States, 76 per cent of the population are mobile subscribers, with three of these markets (Bahrain, Kuwait and the UAE) having a subscriber penetration rate of 90 per cent or above, placing them among the most penetrated mobile countries in the world. By contrast, North Africa5 has an average subscriber penetration rate of 67 per cent, and across the Other Arab States6, penetration stands at 46 per cent, including three markets where less than a third of the population subscribe to mobile services (Comoros, Djibouti and Somalia).
Mobile Contributing To Employment and Economic Growth
In 2016, the mobile industry contributed more than $165 billion to the regional economy, or 4.2 per cent of GDP. This is expected to increase to almost $200 billion (4.3 per cent of GDP) as countries in the region benefit from improvements in productivity and efficiency brought about by increased take-up of mobile services. The mobile ecosystem also supported more than 1 million jobs in 2016. This includes workers directly employed in the ecosystem and jobs that are indirectly supported by the economic activity generated by the sector. MENA’s mobile industry also makes a substantial contribution to the funding of the public sector with $20 billion raised in 2016 through taxation.
Mobile Driving Engagement and Innovation Across Region
The study highlights that, due to the huge rise in smartphone adoption across the region, a wide array of mobile services are being consumed, such as video, social media, e-commerce and financial services. In a number of markets across the region, mobile has become the platform of choice for creating new digital solutions, such as smart city services, which are helping to address challenges around urbanisation, pollution and resource management. Mobile operators in the region are also collaborating with tech startups to help build innovative and sustainable mobile services as well as deliver socioeconomic impact.
Mobile Addressing Social Challenges
The report also highlights how mobile is playing a key role in tackling various social and economic challenges as outlined by the UN Sustainable Development Goals (SDGs), including poverty, education and employment amongst others. Mobile internet penetration has doubled across the region over the last six years, reaching just under 40 per cent of the population or 228 million subscribers by mid-2017. However, there remains a digital divide remains in many parts of MENA, where there are still 350 million people without access to the mobile internet and challenges such as infrastructure, affordability, consumer readiness and the availability of locally relevant content. If these are properly addressed, an additional 67 million people will be able to gain access to the mobile internet by the end of the decade, bringing the total to just under 300 million, or 48 per cent of the population. The report also highlights that mobile is helping to provide financial services for the unbanked, with 24 live services in 9 countries as of December 2016.
To access the full report and related infographics please visit: https://www.gsma.com/mobileeconomy/mena/
Notes to Editors
1. The 25 markets classed as Middle East and North Africa are Algeria, Bahrain, Comoros, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, Turkey, UAE and Yemen.
2. Total mobile connections (active SIM cards, excluding M2M) in MENA stood at 639 million in 2016, forecast to rise to 712 million by 2020.
3. GCC States: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE
4. Total Mobile subscribers was 360 million in 2016 forecast to rise to 399 million by 2020 (65% penetration rate) and a CAGR: 2.6%
5. North Africa: Algeria, Egypt, Libya, Mauritania, Morocco and Tunisia.
6. Other Arab States: Comoros, Djibouti, Iraq, Jordan, Lebanon, Palestine, Somalia, Sudan, Syria and Yemen
About the GSMA
The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.
For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
Loxam Announces a Conditional Agreement to Acquire UK Platforms20.7.2018 17:51 | Tiedote
Loxam Group (“Loxam”) announces that its wholly-owned subsidiary Nationwide Platforms Limited (“Nationwide”) has entered into a conditional agreement with HSS Hire Group plc (“HSS”) with respect to the acquisition of UK Platforms Limited (“UKP”). UKP specializes in renting powered access equipment from its 12 branches located throughout the United Kingdom. The company has approximately 130 employees and operates a fleet of 3,000 units. UKP is controlled by HSS since 2013. As part of this transaction, Nationwide has entered into a commercial agreement with HSS to provide powered access equipment to complement HSS’ existing fleet. The closing of the transaction is subject to the approval by HSS’ shareholders and the confirmation that it will not be referred to the Competition and Mergers Authority. The transaction is expected to close before year end 2018. Don Kenny, CEO of Loxam’s Powered Access Division states: “I am delighted with the acquisition of UKP which will further reinforce NW
Schlumberger Announces Second-Quarter 2018 Results20.7.2018 14:00 | Tiedote
Schlumberger Limited (NYSE: SLB) today reported results for the second quarter of 2018. (Stated in millions, except per share amounts) Three Months Ended Change Jun. 30, 2018 Mar. 31, 2018 Jun. 30, 2017 Sequential Year-on-year Revenue $8,303 $7,829 $7,462 6% 11% Pretax operating income $1,094 $974 $950 12% 15% Pretax operating margin 13.2% 12.4% 12.7% 75 bps 45 bps Net income - GAAP basis $430 $525 $(74) -18% n/m Net income, excluding charges & credits* $594 $525 $488 13% 22% Diluted EPS - GAAP basis $0.31 $0.38 $(0.05) -18% n/m Diluted EPS, excluding charges & credits* $0.43 $0.38 $0.35 13% 23% *These are non-GAAP financial measures. See section below entitled "Charges & Credits" for details. n/m = not meaningful Schlumberger Chairman and CEO Paal Kibsgaard commented, “The second quarter was both busy and exciting for Schlumberger as we completed a number of major milestones in preparation for the broad-based global activity upturn that is now emerging. We delivered solid top-line gro
H.I.G. Capital Announces the Sale of KidsFoundation19.7.2018 22:50 | Tiedote
H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with more than €21 billion of equity capital under management, announced today that one of its affiliates has entered a definitive agreement to sell the KidsFoundation Group (“KidsFoundation”), the Dutch market leader in childcare services, to Onex Corporation (“Onex”)(TSX:ONEX). Terms were not disclosed. Headquartered in Almere, the Netherlands, KidsFoundation provides high-quality childcare to nearly 30,000 children between the ages of six weeks and 12 years. H.I.G. created KidsFoundation in 2014 through the acquisition of assets from the estate of Estro Group. During H.I.G.’s ownership, the company has developed strongly with significant capital invested by H.I.G. to create a high-quality childcare offering. H.I.G. worked with KidsFoundation management to optimise the footprint of the company by exiting loss-making locations, introduce new IT systems to drive operational improvement and develop an internal M&
SIG Combibloc Group Holdings S.à r.l.: 2018 Second Quarter Results19.7.2018 19:01 | Tiedote
We are pleased to announce our quarterly conference call to discuss the results of SIG Combibloc Group Holdings S.à r.l. for the second quarter ended June 30, 2018. Date: Monday, July 23, 2018 Time: 15.00 CEST / 14.00 BST / 9.00 EDT The call information will be distributed on our secure site. If you would like access to our call, please contact firstname.lastname@example.org . Regards, SIG Combibloc Group Holdings S.à r.l. View source version on businesswire.com: https://www.businesswire.com/news/home/20180719005634/en/ Contact information SIG Combibloc Group Holdings S.à r.l. Jennifer Gough email@example.com
NEORIS Announces Creation of Innovation Labs Worldwide to Create a Smarter Future19.7.2018 18:32 | Tiedote
NEORIS, a global digital consulting services company, announced today it is consolidating the most innovative solutions it has developed in different geographies and allocating unprecedented resources to deploy a network of Innovation Labs worldwide. The main objective is to lay the foundation for the continuous development of disruptive solutions for its four core industries: Manufacturing, Financial Services, Healthcare and Telecommunications. Due to its disruptive nature, NEORIS decided that its first Innovation Lab should be housed in the Monterrey Digital Hub, which today is the first-of-its-kind as it is a space where entrepreneurs, companies, universities and investors converge to foster an ecosystem for Digital Transformation. The lab inaugurated in Monterrey, Mexico is the first of a series of Innovation Labs that will open in the different countries that NEORIS operates, and is a space where customers can experience emerging technologies through real-life scenarios. One such
CORRECTING and REPLACING Albar Capital Deploys FlexNOW19.7.2018 18:29 | Tiedote
Subhead of release should read: Out-of-the-Box Multi-Asset Execution Management System (instead of Easy-to-Install Multi-Asset Execution Management System). The corrected release reads: ALBAR CAPITAL DEPLOYS FLEXNOW Out-of-the-Box Multi-Asset Execution Management System FlexTrade (@FlexTrade) today announced that Albar Capital Ltd., a new hedge fund led by Javier Velazquez (formerly of Millennium Capital Partners LLP), is now trading equities and futures using FlexNOW, FlexTrade’s new execution management system. “The FlexNOW team was instrumental in solving several of our problems,” said Jason Ruder, Trader at Albar Capital. “Not only are they helping us with our compliance requirements, they are also responsive to requests that improve my workflow.” According to Rhyd Lewis, FlexNOW Product Manager, FlexNOW’s quick onboarding and easy installation process was critical for Albar Capital’s launch on 2 July. “We had no problem integrating FlexNOW with Albar’s portfolio and risk managemen
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme