EJL Wireless Research Forecasts 2009 Africa Wireless Cap Ex Spending to Drop 11.8% to $9.4 Billion

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Mon Mar 30, 2009 8:51am EDT

  REDWOOD CITY, CA, Mar 30 (MARKET WIRE) -- 
African wireless capital expenditure spending is forecasted to decline
11.8% in 2009 after growing 16.4% in 2008, according to the latest report
from EJL Wireless Research titled "Africa Wireless Cap Ex Analysis
2008-2011."

    "The spending levels for wireless capital expenditures have been
sequentially increasing for the first three quarters of 2008 but declined
in Q4. Regionally, both the North and South Africa regions declined in
2008 on a year over year basis. With a mobile penetration rate of 35.7% in
Africa at the end of 2008, we believe that it will be tougher for mobile
operators going forward to make money as APRU continues to decline," says
founder and President, Earl Lum.

    "Given the economic uncertainty, wireless capital expenditure spending by
most of the major wireless operators in Africa will decline in 2009 when
compared with 2008. We expect a brief market recovery in 2010 and then a
more moderate decline in 2011. The economic uncertainty may also lead to
more operator consolidation over the next several years," says Lum.

    The report includes detailed analysis for mobile operators in Africa
including: Millicom, MTN, Orange, Orascom, Telecel Globe, Vodacom,
Vodafone, Wataniya, and ZAIN. The report is currently available for
purchase and information can be downloaded at www.ejlwireless.com.

    About EJL Wireless Research

    EJL Wireless Research provides proprietary, accurate and cutting-edge
market analysis and consulting services on the wireless technology
ecosystem. The firm focuses its research on all vertical elements of the
wireless ecosystem including mobile subscribers, mobile operators, mobile
handsets, mobile infrastructure and mobile content. In addition, the firm
provides analysis across horizontal technology suppliers including RF
semiconductor materials, RF semiconductor/components, subsystems and OEMs.
Our goal is to provide our clients with mission critical market analysis
and information.

    EJL Wireless Research is managed by Earl Lum. Mr. Lum has 17 years of
experience within the wireless industry including 8 years as an Equity
Research Analyst on Wall Street covering the global wireless industry. The
company is headquartered in Redwood City, CA USA. For more information
about EJL Wireless Research, please visit the company's website at
www.ejlwireless.com.

    

Contact:
Earl Lum
EJL Wireless Research
Phone +1 650 430 2221
Fax +1 650 610 9757
Email Contact

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