Opportunities for Nigerian operators are set to arise as mobile investments increase in the country, a new report from Pyramid Research has revealed
The study, Nigeria: New Ministry, Infrastructure Investments and ICT Policies Boost Market, details the country's telecommunications, media and technology sectors based on data from the market as operators invest in networks, while new telecom regulations have increased competition between operators.
“With four GSM operators and many smaller CDMA operators, Nigeria is one of the most competitive markets in the region," said Ousmane Yatera, Analyst at Pyramid Research.
Operators in the mobile sector continue to invest in expansion of their networks to provide improved quality and services to their current and future subscribers, by rolling out new infrastructure to reach remote regions, the report stated.
Telecommunications company Globacom recently entered a deal with telecom giants Huawei and ZTE worth US$1.25bn in total, and Etisalat in May 2013 signed a US$1.2bn loan agreement to finance its network expansion plans in Nigeria.