imported 2024-03-17 17:43:07
“Certainly this young, growing market is very attractive. There are already four operators that are working in this market. The invisible handle on the market decides the right number of competitors whether it be three, four, five or more etc. I am not going to try to say what the right number is. The market is young, growing and it is moving in an all-data format.”
Top Telecom Companies | Largest Telecoms in Libya
Marcopolis.net presents top telecom companies in Libya.
Economic activity is expected to show some recovery in 2012, concurrent with an improvement in the security situation. Crude oil production has exceeded 1 million barrels per day as of early 2012, and is expected to reach pre-conflict levels in 2014. Non hydrocarbon GDP is expected to recover by 2012, driven mainly by construction.
The Kuwait telecom industry is relatively mature and advanced, with high penetration rates and per spending capita. Nevertheless, the country’s penetration rates are lowest among the Gulf countries, indicating opportunities for further growth potential, reports Capital Standards. Penetrations rates: Fixed line 16.5%, Mobile 141% (number of subscribers reaching 3.56 million and increase of 10.7%, as compared to 3.22 mm subscribers at the end of 2008 according to Kuwait Internet and E-commerce Investment and Business Guide), Internet 41%.
