Research and Markets: Angola: Mobile Communications Market - Significant Investments in Infrastructure Development to Support the Angolan Mobile Communications Market
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/0db464/angola_mobile_com) has announced the addition of Frost & Sullivan's new report "Angola: Mobile Communications Market" to their offering. Significant Investments in Infrastructure Development to Support the Angolan Mobile Communications Market The Angolan mobile communications market is in its developmental stage and is faced with the key challenge of lack of basic infrastructure after the long civil war that ravaged the country. However, the market continues to be well regulated, with just two participants catering to an increasing demand for mobile services. Significant investments are being made in infrastructure development, with enhancements likely to be witnessed by 2012. In the same period, a third operator is anticipated to foray into the market and stimulate the competitive environment. "Angola is a very promising country in various sectors; the recent introduction of foreign companies and expatriates with high incomes is accelerating the demand for more sophisticated communication services," says the analyst of this research. "Simultaneously, the country is investing in developing its infrastructure." Substantial improvements in infrastructure and regulation are anticipated by 2012, and the market is likely to reach its full potential by 2013. The two existing operators are currently making sizeable investments in developing the infrastructure and upgrading the network. Such work is set to conclude satisfactorily by 2012. Angola is working in partnership with Russia to develop its own satellite, even as digital television is expected to be available in the country by 2012. Additionally, a third mobile operator is expected to enter the market by mid-2010. A combination of all these factors will significantly boost the market prospects. Workforce Training and Development of Alternative Sources of Energy to Promote the Market Prospects Angola has been experiencing double-digit growth since 2002. However, this is likely to be affected by the global recession, which is decreasing the demand for the country's main economic driver - commodities. The country was ranked 168 out of the 181 most difficult countries to do business with, by the World Bank. The market is well regulated and difficult to penetrate, especially for foreign companies. "Although there continues to be a dearth of basic infrastructure, companies are making substantial investment in its development," remarks the analyst. "The International Monetary Fund (IMF) has approved a $1.00 billion loan for the development of roads and other infrastructure." Chinese banks and private companies are also investing in the country's development, despite the global economic meltdown. Angola's infrastructure is still at its infancy stage, as the reconstruction plan started only in 2002. While plenty remains to be done, investments are high and constant, making the Angolan market attractive to several companies worldwide. Key Topics Covered: 1. Executive Summary 2. Research Aim and Objectives 3. Research Scope and Definitions 4. Research Methodology 5. Angola: Mobile Communications Market Overview 6. Industry Challenges and Market Forces 7. Mobile Communications Market in Angola 8. Strategic Recommendations 9. Conclusion For more information visit http://www.researchandmarkets.com/research/0db464/angola_mobile_com Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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