Equatorial Guinea Telecom Operators Country Intelligence Report
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Equatorial Guinea Telecom Operators Country Intelligence Overview
The total telecom service revenue in Equatorial Guinea was $74.4 million in 2023 and will increase at a CAGR of more than 4% supported by revenue growth in mobile data and fixed broadband segments.
Equatorial Guinea Telecom Services Market Outlook, 2023-2028 ($ Million)
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The ‘Equatorial Guinea Telecom Operators Country Intelligence’ report provides an executive-level overview of the telecom services market in Equatorial Guinea today, with detailed forecasts of key indicators up to 2028. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile, and markets, as well as a review of key regulatory trends.
Market Size 2023 | $74.4 million |
CAGR | >4% |
Forecast Period | 2023-2028 |
Telecom Service Segment | Mobile Services, Fixed Voice Services and Fixed-Broadband Services |
Leading Companies | Getesa, Muni, Gecomsa |
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Equatorial Guinea Telecom Services Market Regulatory Highlights
Equatorial Guinea telecom regulator ORTEL announced the Free Roaming Project in the Central African Economic and Monetary Community (CEMAC), to abolish surcharges on mobile roaming for voice and data services for users traveling between member states – Cameroon, the Central African Republic (CAR), the Republic of Congo, Gabon, Equatorial Guinea, and Chad.
Equatorial Guinea Telecom Services Market Analysis by Service
- Mobile Services
- Fixed Services
Equatorial Guinea Telecom Services Market Share by Service, 2023-2028 (%)
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Mobile Services Market in Equatorial Guinea– Deep Dive
Prepaid services accounted for the majority share of total mobile subscriptions in 2023 and will remain the dominant service category through 2028, driven by operators offering a wide range of prepaid plans with additional benefits.
Average monthly mobile voice usage in Equatorial Guinea will incline during 2023-2028, driven by the bonus voice allowances offered by telcos.
The Equatorial Guinea telecom services market research report offers mobile services segment coverage on the following KPIs:
- Mobile subscription penetration and subscription by device type
- Mobile subscriptions by payment type, mobile subscriptions by technology generation, 2022-2028
- Data usage and traffic
- Mobile ARPU by payment type and service revenue by type
Fixed Services Market in Equatorial Guinea- Deep Dive
Fixed broadband lines will grow at a CAGR of more than 7% supported by increased connectivity in the country due to international submarine cables and fiber network expansion.
The Equatorial Guinea telecom services market research report offers fixed services segment coverage on the following KPIs:
- Fixed service penetration and subscription
- Fixed ARPU and Service revenue by service type
Equatorial Guinea Telecom Services Market - Competitive Landscape
Getesa is the largest operator in the Equatorial Guinea mobile market, accounting for the majority share of total mobile subscriptions in 2023, and will remain the leading mobile operator through 2028.
Leading Telecom Companies in Equatorial Guinea
- Getesa
- Muni
- Gecomsa
Equatorial Guinea Telecom Services Market Share by Companies, 2023 (%)
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Scope
The country intelligence report provides an in-depth analysis of the following:
- The demographic and macroeconomic context in Equatorial Guinea.
- The regulatory environment and trends: A review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation, and more.
- Telecom services market outlook: Analysis as well as historical figures and forecasts of service revenue from fixed telephony, broadband, mobile voice, and mobile data.
- The competitive landscape: An examination of the positioning of leading players in the telecom services market as well as subscription market shares across segments.
- Company snapshots: Analysis of the financial position of leading service providers in the telecommunications market.
- Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.
Reasons to Buy
- This country intelligence report offers a thorough, forward-looking analysis of Equatorial Guinea’s telecommunications markets, service providers, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Equatorial Guinea’s mobile communications, fixed telephony, and broadband markets, including the evolution of service provider market shares.
- With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Equatorial Guinea’s telecommunications markets.
- The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors, and other telecom industry players succeed in the challenging telecommunications market in Equatorial Guinea.
Muni
Gecomsa
Table of Contents
Frequently asked questions
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What was the Equatorial Guinea telecom services market size in 2023?
The telecom services market size in Equatorial Guinea reached $74.4 million in 2023.
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What will the Equatorial Guinea telecom services market growth rate be during the forecast period?
The telecom services market in Equatorial Guinea will incline at a CAGR of more than 4% during the forecast period, 2023-2028.
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What are the key telecom services market drivers in Equatorial Guinea?
The Equatorial Guinea telecom services market growth can be attributed to ongoing 4G network expansion and 4G service promotion will provide opportunities for consumers and businesses to leverage 4G services.
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Which will be the leading telecom service market segment in Equatorial Guinea during 2023-2028?
Mobile services will be the leading telecom service market segment in Equatorial Guinea during 2023-2028.
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Which are the leading telecom companies in Equatorial Guinea?
The leading companies in the telecommunications services market in Equatorial Guinea are Getesa, Muni, and Gecomsa.
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