Growth in the Egyptian telecom sector will be mainly fuelled by investments in infrastructure and government’s initiatives to support the telecom sector, says RNCOS.
Noida, UP -- (SBWIRE) -- 01/20/2011 -- Egypt has become one of the leading Internet markets in Africa, in terms of users, international bandwidth, and services offered.
The country is connected with several international submarine fiber optic cables together with a national fiber backbone infrastructure. VoIP Internet telephony has been liberalized, and in near future several companies will be rolling out Next Generation Networks (NGN) to provide converged IP-based voice and data services. One of the most important factors contributing to the rise of IT sector is the successful expansion of Internet and broadband infrastructure.
According to our research report “Booming Egypt Telecom Market”, number of internet users will grow at a CAGR of around 24% during 2010 - 2012. The market will grow on the back of strong government initiatives, huge investment in satellite and submarine cables, and the introduction of new technologies like, 3G and WiMAX. Besides, various IT clubs launched by MCIT are providing Egyptians with adequate training for Internet use.
Being a growing economy, the country has immense future growth potential in telecommunication services. As per our research, the Egyptian government is continuously adopting strategies to promote the usage of high-speed and low cost broadband Internet access among Egyptians. During the next five years, it is expected that a gradual increase in PC ownership, together with falling broadband prices and tough competition will help to propel the ADSL market forward.
“Booming Egypt Telecom Market” explains various reasons for growth in the country’s telecom sector including its fixed line, broadband, internet, and mobile telephony market. The report provides Egypt’s potential in 3G, WiMAx, IPV6, and Tripal-play services. We have studied the impact of recent developments on telecom sector along with analysis of leading telecom operators including their SWOT and business overview. The report aims at providing the best consultancy to clients in the field of telecommunication services in Egypt.
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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.